<p>投资者寻找 heavily shorted 股票，既是为了押注公司价值进一步下跌，也为了从潜在的空头挤压中获利。</p>
<p>以下是目前市场上最被做空的前 10 只股票。</p>
<ul>
<li><em>LCID 股票被大量做空。</em> 查看详细信息。</li>
</ul>
<h2>什么是 heavily shorted 股票？</h2>
<p>股票成为 &#34;heavily shorted&#34; 的主要原因是大量经验丰富的交易者和机构投资者——即空头卖家——认为该公司基本面被高估，价格将会下跌。</p>
<p><strong>在这里了解更多关于空头头寸的信息：</strong> 你的股票是挤压目标吗？如何解读空头头寸数据</p>
<p>被大量做空的股票通常反映了专业交易者或机构对公司面临严重风险的强烈、经过充分研究的信念。</p>
<p>然而，持看涨观点的交易者——通常是散户交易者——将高空头头寸视为潜在的巨大快速收益的机会，可能通过空头挤压实现。</p>
<p>空头挤压发生在股票价格意外上涨时，迫使空头卖家（此时正在亏损）疯狂回购股票以平仓。强制买入造成需求的突然激增，进一步推高价格，使更多空头卖家陷入危险的反馈循环。</p>
<p>空头挤压的波动性可能导致在非常短的时间内获得远超典型股票波动的回报。</p>
<p><strong>接下来阅读：</strong> 埃隆·马斯克预测新经济：没有贫困，没有饥饿，工作是可选的</p>
<h2>最被做空的前 10 只股票</h2>
<p>根据 Benzinga Pro 的数据，截至 12 月 29 日，以下是市值超过 20 亿美元且自由流通股超过 500 万的最被做空的股票。</p>
<p>在下表中，股票按空头头寸排名——即已卖出但尚未平仓的股票总数，以可公开交易的股票百分比表示。</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>公司名称及股票代码</strong></td>
<td><strong>空头头寸 (%) [2025 年 12 月 29 日]</strong></td>
</tr>
<tr>
<td><strong>Lucid Group, Inc.</strong> (NASDAQ: LCID)</td>
<td>54.51%</td>
</tr>
<tr>
<td><strong>Choice Hotels International, Inc.</strong> (NYSE: CHH)</td>
<td>50.20%</td>
</tr>
<tr>
<td><strong>Avis Budget Group, Inc.</strong> (NASDAQ: CAR)</td>
<td>48.80%</td>
</tr>
<tr>
<td><strong>Revolve Group, Inc.</strong> (NYSE: RVLV)</td>
<td>43.14%</td>
</tr>
<tr>
<td><strong>Medical Properties Trust, Inc.</strong> (NYSE: MPW)</td>
<td>37.13%</td>
</tr>
<tr>
<td><strong>MARA Holdings, Inc.</strong> (NASDAQ: MARA)</td>
<td>36.23%</td>
</tr>
<tr>
<td><strong>Hims &amp; Hers Health, Inc.</strong> (NYSE: HIMS)</td>
<td>35.22%</td>
</tr>
<tr>
<td><strong>TransMedics Group, Inc.</strong> (NASDAQ: TMDX)</td>
<td>35.11%</td>
</tr>
<tr>
<td><strong>Kohl’s Corporation</strong> (NYSE: KSS)</td>
<td>34.27%</td>
</tr>
<tr>
<td><strong>Northern Oil &amp; Gas, Inc.</strong> (NYSE: NOG)</td>
<td>33.27%</td>
</tr>
</tbody>
</table>
<p></p>
<h2>提醒：</h2>
<ul>
<li>高度做空的股票是负面基本面与投机交易交锋的战场。​</li>
<li>空头挤压可能带来巨大的快速收益，但风险和波动性非常高。​</li>
<li>监测空头头寸排行榜可以帮助识别哪些股票可能成为下一个空头挤压，但时机把握仍然极具挑战性。​</li>
<li>始终进行尽职调查，因为波动性往往反映出深层次的潜在风险和商业不确定性。</li>
</ul>
<p><strong>接下来阅读：</strong></p>
<ul>
<li>Lucid 挑战特斯拉：$50K 跨界车即将推出 Model Y</li>
</ul>
<p><em>照片来源：Shutterstock</em></p>

LCID

HIMS

安飞士

MARA

<p>Lucid、MARA、Hims & Hers、Kohl's、TransMedics 和 Avis 是目前十大被做空股票之一。投资者通常会瞄准 heavily shorted 股票，以便押注进一步下跌或从潜在的空头挤压中获利。高空头头寸表明交易者认为某只股票被高估，而散户交易者可能将其视为快速获利的机会。十大被做空股票包括 Lucid Group（54.51%）、Choice Hotels（50.20%）和 Avis Budget（48.80%）。监测空头头寸可以帮助识别潜在的空头挤压机会，但风险很高</p>

<p>Investors look for heavily shorted stocks either to bet on a further decline in the company's value or to profit from a potential short squeeze.</p>
<div class="lb-trans"><p>投资者寻找 heavily shorted 股票，既是为了押注公司价值进一步下跌，也为了从潜在的空头挤压中获利。</p>
</div><p>Here’s a look at the top 10 most shorted stocks in the market right now.</p>
<div class="lb-trans"><p>以下是目前市场上最被做空的前 10 只股票。</p>
</div><ul>
<li><em>LCID stock is heavily shorted.</em> See the details here.</li>
</ul>
<div class="lb-trans"><ul>
<li><em>LCID 股票被大量做空。</em> 查看详细信息。</li>
</ul>
</div><h2>What Makes A Stock Heavily Shorted?</h2>
<div class="lb-trans"><h2>什么是 heavily shorted 股票？</h2>
</div><p>The primary reason a stock becomes &#34;heavily shorted&#34; is that a large number of experienced traders and institutional investors — known as short sellers — believe the company is fundamentally overvalued and that its price will fall.</p>
<div class="lb-trans"><p>股票成为 &#34;heavily shorted&#34; 的主要原因是大量经验丰富的交易者和机构投资者——即空头卖家——认为该公司基本面被高估，价格将会下跌。</p>
</div><p><strong>Learn more about short interest here:</strong> Is Your Stock a Squeeze Target? How To Decode Short Interest Data</p>
<div class="lb-trans"><p><strong>在这里了解更多关于空头头寸的信息：</strong> 你的股票是挤压目标吗？如何解读空头头寸数据</p>
</div><p>Heavily shorted stocks often reflect a strong, well-researched conviction among professional traders or institutions that the company faces serious risks.</p>
<div class="lb-trans"><p>被大量做空的股票通常反映了专业交易者或机构对公司面临严重风险的强烈、经过充分研究的信念。</p>
</div><p>However, traders on the bullish side — often retail traders — view high short interest as a setup for potentially massive, fast gains through a short squeeze.</p>
<div class="lb-trans"><p>然而，持看涨观点的交易者——通常是散户交易者——将高空头头寸视为潜在的巨大快速收益的机会，可能通过空头挤压实现。</p>
</div><p>A short squeeze occurs when a stock's price rises unexpectedly, forcing short sellers (who are now losing money) to frantically buy shares back to cover their positions. The forced buying creates a sudden spike in demand, which pushes the price even higher, trapping more short sellers in a dangerous feedback loop.</p>
<div class="lb-trans"><p>空头挤压发生在股票价格意外上涨时，迫使空头卖家（此时正在亏损）疯狂回购股票以平仓。强制买入造成需求的突然激增，进一步推高价格，使更多空头卖家陷入危险的反馈循环。</p>
</div><p>The volatility of a short squeeze can lead to returns that far exceed typical stock movements in a very short time frame.</p>
<div class="lb-trans"><p>空头挤压的波动性可能导致在非常短的时间内获得远超典型股票波动的回报。</p>
</div><p><strong>Read Next:</strong> Elon Musk Predicts A New Economy: No Poverty, No Hunger And Work Is Optional</p>
<div class="lb-trans"><p><strong>接下来阅读：</strong> 埃隆·马斯克预测新经济：没有贫困，没有饥饿，工作是可选的</p>
</div><h2>Top 10 Most Shorted Stocks</h2>
<div class="lb-trans"><h2>最被做空的前 10 只股票</h2>
</div><p>Here are the most heavily shorted stocks (with market caps above $2 billion and free floats above 5 million) as of Dec. 29, according to data from Benzinga Pro.</p>
<div class="lb-trans"><p>根据 Benzinga Pro 的数据，截至 12 月 29 日，以下是市值超过 20 亿美元且自由流通股超过 500 万的最被做空的股票。</p>
</div><p>In the table below, stocks are ranked by short interest — the total number of shares sold short and not yet covered, expressed as a percentage of shares available for public trading.</p>
<div class="lb-trans"><p>在下表中，股票按空头头寸排名——即已卖出但尚未平仓的股票总数，以可公开交易的股票百分比表示。</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Company Name &amp; Ticker</strong></td>
<td><strong>Short Interest (%) [Dec. 29, 2025]</strong></td>
</tr>
<tr>
<td><strong>Lucid Group, Inc.</strong> (NASDAQ: LCID)</td>
<td>54.51%</td>
</tr>
<tr>
<td><strong>Choice Hotels International, Inc.</strong> (NYSE: CHH)</td>
<td>50.20%</td>
</tr>
<tr>
<td><strong>Avis Budget Group, Inc.</strong> (NASDAQ: CAR)</td>
<td>48.80%</td>
</tr>
<tr>
<td><strong>Revolve Group, Inc.</strong> (NYSE: RVLV)</td>
<td>43.14%</td>
</tr>
<tr>
<td><strong>Medical Properties Trust, Inc.</strong> (NYSE: MPW)</td>
<td>37.13%</td>
</tr>
<tr>
<td><strong>MARA Holdings, Inc.</strong> (NASDAQ: MARA)</td>
<td>36.23%</td>
</tr>
<tr>
<td><strong>Hims &amp; Hers Health, Inc.</strong> (NYSE: HIMS)</td>
<td>35.22%</td>
</tr>
<tr>
<td><strong>TransMedics Group, Inc.</strong> (NASDAQ: TMDX)</td>
<td>35.11%</td>
</tr>
<tr>
<td><strong>Kohl’s Corporation</strong> (NYSE: KSS)</td>
<td>34.27%</td>
</tr>
<tr>
<td><strong>Northern Oil &amp; Gas, Inc.</strong> (NYSE: NOG)</td>
<td>33.27%</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>公司名称及股票代码</strong></td>
<td><strong>空头头寸 (%) [2025 年 12 月 29 日]</strong></td>
</tr>
<tr>
<td><strong>Lucid Group, Inc.</strong> (NASDAQ: LCID)</td>
<td>54.51%</td>
</tr>
<tr>
<td><strong>Choice Hotels International, Inc.</strong> (NYSE: CHH)</td>
<td>50.20%</td>
</tr>
<tr>
<td><strong>Avis Budget Group, Inc.</strong> (NASDAQ: CAR)</td>
<td>48.80%</td>
</tr>
<tr>
<td><strong>Revolve Group, Inc.</strong> (NYSE: RVLV)</td>
<td>43.14%</td>
</tr>
<tr>
<td><strong>Medical Properties Trust, Inc.</strong> (NYSE: MPW)</td>
<td>37.13%</td>
</tr>
<tr>
<td><strong>MARA Holdings, Inc.</strong> (NASDAQ: MARA)</td>
<td>36.23%</td>
</tr>
<tr>
<td><strong>Hims &amp; Hers Health, Inc.</strong> (NYSE: HIMS)</td>
<td>35.22%</td>
</tr>
<tr>
<td><strong>TransMedics Group, Inc.</strong> (NASDAQ: TMDX)</td>
<td>35.11%</td>
</tr>
<tr>
<td><strong>Kohl’s Corporation</strong> (NYSE: KSS)</td>
<td>34.27%</td>
</tr>
<tr>
<td><strong>Northern Oil &amp; Gas, Inc.</strong> (NYSE: NOG)</td>
<td>33.27%</td>
</tr>
</tbody>
</table>
</div><p></p>
<div class="lb-trans"><p></p>
</div><h2>Reminders:</h2>
<div class="lb-trans"><h2>提醒：</h2>
</div><ul>
<li>Highly shorted stocks are battlegrounds where negative fundamentals meet speculative trading.​</li>
<li>Short squeezes can deliver huge, fast gains, but at very high risk and volatility.​</li>
<li>Monitoring the short interest leaderboard can help identify which stocks might be the next short squeeze, but timing such trades remains extremely challenging.​</li>
<li>Always conduct due diligence, as the volatility often reflects deep underlying risks and business uncertainty.</li>
</ul>
<div class="lb-trans"><ul>
<li>高度做空的股票是负面基本面与投机交易交锋的战场。​</li>
<li>空头挤压可能带来巨大的快速收益，但风险和波动性非常高。​</li>
<li>监测空头头寸排行榜可以帮助识别哪些股票可能成为下一个空头挤压，但时机把握仍然极具挑战性。​</li>
<li>始终进行尽职调查，因为波动性往往反映出深层次的潜在风险和商业不确定性。</li>
</ul>
</div><p><strong>Read Next:</strong></p>
<div class="lb-trans"><p><strong>接下来阅读：</strong></p>
</div><ul>
<li>Lucid Takes On Tesla: $50K Crossover Is Coming For The Model Y</li>
</ul>
<div class="lb-trans"><ul>
<li>Lucid 挑战特斯拉：$50K 跨界车即将推出 Model Y</li>
</ul>
</div><p><em>Photo: Shutterstock</em></p>
<div class="lb-trans"><p><em>照片来源：Shutterstock</em></p>
</div>

最受做空的十大股票：Lucid、Marathon Digital、Hims & Hers Health 等