Is LYFT Inc. (NASDAQ:LYFT) the Best High Short Interest Stock to Buy Now?
From Yahoo Finance: 2025-04-17 23:01:00
LYFT Inc. (NASDAQ: LYFT) is among the top high short interest stocks to buy now. BofA Securities head of US Economics, Aditya Bhave, explains that tariffs are generally stagflationary, contributing to both inflation and stagnation. Hedge funds hold 55 positions in LYFT, with a short interest of 11.91% as of April 16. In 2024, LYFT achieved record highs in rides, riders, and driver hours. The company’s commitment to improving the ridesharing experience has led to positive feedback from drivers and riders. LYFT ranks 7th in the list of best high short interest stocks, with a focus on AI stocks for high returns.
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