Polestar stock price 's short interest rose to 6

Polestar stock price's short interest rose to 6.5%, suggesting bearish bets, yet oversold RSI readings could spark near-term technical rebounds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points ( see more details here ). Polestar Automotive Holding UK PLC (NASDAQ: PSNY ) shares are trading higher Wednesday as bullish momentum is supported by increased trading volume. Here’s a look at what you need to know . Polestar stock price slipped marginally, reflecting concerns over lithium supply chain pressures that impact cost structures across the industry.