Fisker (FSR) Stock Looks Primed for a Short Squeeze with 28% Short Interest

Tesla (NASDAQ:TSLA) is down big today after reporting its earnings, although the decline doesn’t even come close to Fisker’s (NASDAQ:FSR) losses. Shares of FSR stock are down by 55% year-to-date and about 90% year-over-year.The losses are due to several announcements this year. The company announced last week that the buyer of $510 million of its 0% senior secured convertible notes due in 2025 had converted $185.50 million of the notes into 159.06 million shares of FSR stock, diluting shareholders in the pr ...