<p>投資者尋找 heavily shorted 股票，既是為了押注公司價值進一步下跌，也為了從潛在的空頭擠壓中獲利。</p>
<p>以下是目前市場上最被做空的前 10 只股票。</p>
<ul>
<li><em>LCID 股票被大量做空。</em> 查看詳細信息。</li>
</ul>
<h2>什麼是 heavily shorted 股票？</h2>
<p>股票成為 &#34;heavily shorted&#34; 的主要原因是大量經驗豐富的交易者和機構投資者——即空頭賣家——認為該公司基本面被高估，價格將會下跌。</p>
<p><strong>在這裏瞭解更多關於空頭頭寸的信息：</strong> 你的股票是擠壓目標嗎？如何解讀空頭頭寸數據</p>
<p>被大量做空的股票通常反映了專業交易者或機構對公司面臨嚴重風險的強烈、經過充分研究的信念。</p>
<p>然而，持看漲觀點的交易者——通常是散户交易者——將高空頭頭寸視為潛在的巨大快速收益的機會，可能通過空頭擠壓實現。</p>
<p>空頭擠壓發生在股票價格意外上漲時，迫使空頭賣家（此時正在虧損）瘋狂回購股票以平倉。強制買入造成需求的突然激增，進一步推高價格，使更多空頭賣家陷入危險的反饋循環。</p>
<p>空頭擠壓的波動性可能導致在非常短的時間內獲得遠超典型股票波動的回報。</p>
<p><strong>接下來閲讀：</strong> 埃隆·馬斯克預測新經濟：沒有貧困，沒有飢餓，工作是可選的</p>
<h2>最被做空的前 10 只股票</h2>
<p>根據 Benzinga Pro 的數據，截至 12 月 29 日，以下是市值超過 20 億美元且自由流通股超過 500 萬的最被做空的股票。</p>
<p>在下表中，股票按空頭頭寸排名——即已賣出但尚未平倉的股票總數，以可公開交易的股票百分比表示。</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>公司名稱及股票代碼</strong></td>
<td><strong>空頭頭寸 (%) [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>高度做空的股票是負面基本面與投機交易交鋒的戰場。​</li>
<li>空頭擠壓可能帶來巨大的快速收益，但風險和波動性非常高。​</li>
<li>監測空頭頭寸排行榜可以幫助識別哪些股票可能成為下一個空頭擠壓，但時機把握仍然極具挑戰性。​</li>
<li>始終進行盡職調查，因為波動性往往反映出深層次的潛在風險和商業不確定性。</li>
</ul>
<p><strong>接下來閲讀：</strong></p>
<ul>
<li>Lucid 挑戰特斯拉：$50K 跨界車即將推出 Model Y</li>
</ul>
<p><em>照片來源：Shutterstock</em></p>

LCID

HIMS

安飛士

MARA

<p>Lucid、MARA、Hims & Hers、Kohl's、TransMedics 和 Avis 是目前十大被做空股票之一。投資者通常會瞄準 heavily shorted 股票，以便押注進一步下跌或從潛在的空頭擠壓中獲利。高空頭頭寸表明交易者認為某隻股票被高估，而散户交易者可能將其視為快速獲利的機會。十大被做空股票包括 Lucid Group（54.51%）、Choice Hotels（50.20%）和 Avis Budget（48.80%）。監測空頭頭寸可以幫助識別潛在的空頭擠壓機會，但風險很高</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>投資者尋找 heavily shorted 股票，既是為了押注公司價值進一步下跌，也為了從潛在的空頭擠壓中獲利。</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>以下是目前市場上最被做空的前 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> 查看詳細信息。</li>
</ul>
</div><h2>What Makes A Stock Heavily Shorted?</h2>
<div class="lb-trans"><h2>什麼是 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>股票成為 &#34;heavily shorted&#34; 的主要原因是大量經驗豐富的交易者和機構投資者——即空頭賣家——認為該公司基本面被高估，價格將會下跌。</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>在這裏瞭解更多關於空頭頭寸的信息：</strong> 你的股票是擠壓目標嗎？如何解讀空頭頭寸數據</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專業交易者或機構對公司面臨嚴重風險的強烈、經過充分研究的信念。</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，持看漲觀點的交易者——通常是散户交易者——將高空頭頭寸視為潛在的巨大快速收益的機會，可能通過空頭擠壓實現。</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>空頭擠壓發生在股票價格意外上漲時，迫使空頭賣家（此時正在虧損）瘋狂回購股票以平倉。強制買入造成需求的突然激增，進一步推高價格，使更多空頭賣家陷入危險的反饋循環。</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>空頭擠壓的波動性可能導致在非常短的時間內獲得遠超典型股票波動的回報。</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>接下來閲讀：</strong> 埃隆·馬斯克預測新經濟：沒有貧困，沒有飢餓，工作是可選的</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>根據 Benzinga Pro 的數據，截至 12 月 29 日，以下是市值超過 20 億美元且自由流通股超過 500 萬的最被做空的股票。</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，股票按空頭頭寸排名——即已賣出但尚未平倉的股票總數，以可公開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>公司名稱及股票代碼</strong></td>
<td><strong>空頭頭寸 (%) [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>高度做空的股票是負面基本面與投機交易交鋒的戰場。​</li>
<li>空頭擠壓可能帶來巨大的快速收益，但風險和波動性非常高。​</li>
<li>監測空頭頭寸排行榜可以幫助識別哪些股票可能成為下一個空頭擠壓，但時機把握仍然極具挑戰性。​</li>
<li>始終進行盡職調查，因為波動性往往反映出深層次的潛在風險和商業不確定性。</li>
</ul>
</div><p><strong>Read Next:</strong></p>
<div class="lb-trans"><p><strong>接下來閲讀：</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 挑戰特斯拉：$50K 跨界車即將推出 Model Y</li>
</ul>
</div><p><em>Photo: Shutterstock</em></p>
<div class="lb-trans"><p><em>照片來源：Shutterstock</em></p>
</div>

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