Short interest in Ondas Holdings (ONDS) reached approximately 42% of its publicly traded float. This figure represents a sharp increase from 4% one year ago.
Investors are betting against the defense technology firm due to high cash burn and potential share dilution. Execution risks also contribute to the bearish sentiment.
S3 Partners flagged a high risk of a short squeeze on the $1.89 billion position. A squeeze forces short sellers to buy back shares as prices rise, potentially accelerating gains.
The stock remains highly volatile. This elevated short interest introduces further market instability.