Based on an average daily volume of 6,120,000 shares, the days-to-cover ratio is presently 3.2 days. Lyft is your friend with a car, whenever you need one. As of January 15th, there was short interest totalling 19,510,000 shares, a growth of 11.9% from the December 31st total of 17,440,000 shares. LYFT (NASDAQ:LYFT) Downgraded to "Hold" at Stifel Nicolaus. By April 2 about 2.4 percent of Levi shares were sold short. ; Find stocks with the largest short positions S3 Partners expects Lyft’s stock to “be a significant short in the market for a long time.” We've detected you are on Internet Explorer. Despite the warning, the latest numbers from financial technology and analytics firm S3 Partners suggests short sellers aren't heeding the warnings. Short interest in Lyft reached 13.38 million shares, or 41% of the total float, on Thursday, according to an analysis by S3 Partners. If your unemployment claim was denied, here are your options In just a few days since Lyft Inc.’s long-awaited initial public offering, the ride-hailing company’s shares have become the second-largest short in … It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense.Lyft's Operating Income for the three months ended in Mar. Shares of Lyft Inc. fell in Friday trading amid active short selling after rival Uber Technologies Inc. filed paperwork for an initial public offering. Download the app and get a ride from a friendly driver within minutes. Ridesharing Market 2020 Global analysis, opportunities and forecast to 2026 | By Top Leading … The Ridesharing Market report provides a. LYFT's (LYFT) Buy Rating Reiterated at Wells Fargo & Co. Lyft, Inc operates a peer-to-peer marketplace. Lyft's IPO has attracted a large amount of interest - from short sellers. Lyft provides additional insurance policies, at no cost to the driver. Lyft's short interest is around $1.08B, which represents over half of the current float, or available shares! As of December 31st, there was short interest totalling 19,510,000 shares, an increase of 11.9% from the December 15th total of 17,440,000 shares. And early indicators are pointing to strong demand from short sellers, said Dusaniwsky. Lyft shares gave way to Approximately 9.8% of the company’s stock are sold short. Due to a license agreement change with our data vendor, Short Interest related data is no longer available on GuruFocus’ website, except for certain Australian stocks. Based on an average daily volume of 5,980,000 shares, the days-to-cover ratio is currently […] Based on an average daily trading volume, of 5,980,000 shares, the short-interest ratio is […] UPDATE 1-New York airport regulator partners with ride-share firm Via. Short interest should steadily increase as more and more shares become available.