![]() What is a short squeeze?Ī short squeeze is the name given to a surge in the price of a certain security caused by unusual activity from short sellers, who need to buy the asset to limit their losses.įor a short squeeze to occur, the stock's short interest must be high, meaning that traders have to borrow a significant number of shares as they believe that the price of the security will decline. The company’s CEO is Oliver Blume, who took over the helm in July this year after the former head of the corporation, Herbert Diess, left. ![]() Volkswagen also employs over 300,00 people across the world. It operates 120 production plants, as of November 2021. Volkswagen owns some of the world’s most popular car brands, including Audi, Porsche, Bentley and Lamborghini. Since then, Volkswagen has become the world’s second largest automobile manufacturer, with revenues exceeding €200bn and nearly 9 million vehicles produced every year. Even though the war disrupted the firm’s efforts to achieve this goal, the company managed to resume operations after the war ended in 1945. The Volkswagen company was founded in the 1930s to produce an affordable vehicle for Germany’s middle class. In this article, we analyse if a Volkswagen short squeeze could happen again, remembering what prompted a similar event in 2008. With the price of WV stock currently standing nearly 46% below its 2021 post-squeeze high, is it possible that a similar event can happen again? Back then, traders who frequented the Reddit messaging board Wall Street Bets coordinated efforts to pump the price of various stocks that institutional investors were shorting heavily.īy doing so, they prompted massive buying activity and managed to pull a Volkswagen stock squeeze that propelled the share price to its highest level since the historic 2008 Volkswagen squeeze. Volkswagen ( VOW3) stock became one of the targets of retail investors in the early 2021s during the so-called “meme stock” frenzy. ![]() ![]() Volkswagen stock predictions: Analyst sentiment.Can a Volkswagen short squeeze happen again?.US30 US Wall Street 30 (USA 30, Dow Jones) ![]()
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