https://wccftech.com/nikola-nkla-short-volume-ratio-has-now-reached-an-all-time-low-as-the-companys-detractors-capitulate/

Nikola Corporation (NASDAQ:NKLA), the pre-revenue company championing EVs powered by batteries as well as hydrogen fuel cells, has left an indelible mark on the equity landscape of 2020. Inarguably, it was Nikola’s meteoric rise following the stock’s debut on the NASDAQ index that helped popularize the SPAC model of listing. Now, it seems that the bulls have prevailed, at least in the short-term.

As per the tabulation by the research firm Fintel, Nikola’s short volume ratio – the total number of short shares traded divided by the total shares traded each day – has collapsed to 14.51, an all-time low reading!