Short Sellers Are Betting Big Against BYD (BYDDY) Stock

BYD Company (OTCMKTS:BYDDY) began this year with some great news. Specifically, the Chinese electric vehicle (EV) producer reported better fourth-quarter deliveries than Tesla (NASDAQ:TSLA), demonstrating that it can do more than just compete with the sector leader — it can outshine it. That should have reassured Wall Street that BYDDY stock is a good buy as the EV market prepares to rebound in 2024. But according to recent reports, the opposite scenario is unfolding.Instead, bearish sentiment seems to be s ...