Polestar Automotive Holding UK PLC (NASDAQ:PSNYW) Short Interest Up 33.8% in February

Posted by Doug Wharley on Mar 2nd, 2026

Polestar Automotive Holding UK PLC (NASDAQ:PSNYW – Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 6,176 shares, an increase of 33.8% from the January 29th total of 4,616 shares. Based on an average daily volume of 4,409 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 4,409 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Trading of Polestar Automotive Holding UK

A hedge fund recently bought a new stake in Polestar Automotive Holding UK stock. Boothbay Fund Management LLC acquired a new stake in Polestar Automotive Holding UK PLC (NASDAQ:PSNYW – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 80,000 shares of the company’s stock, valued at approximately $510,000.

Polestar Automotive Holding UK Trading Up 3.2%

Polestar Automotive Holding UK stock traded up $0.10 during midday trading on Monday, reaching $3.10. The company had a trading volume of 3,081 shares, compared to its average volume of 8,369. Polestar Automotive Holding UK has a 12-month low of $2.33 and a 12-month high of $24.00. The firm’s fifty day simple moving average is $3.96 and its 200-day simple moving average is $6.14.

Polestar Automotive Holding UK Company Profile

(Get Free Report)

Polestar Automotive Holding UK plc is a special-purpose acquisition company (SPAC) incorporated in the United Kingdom with the primary objective of effecting a business combination, share exchange, asset acquisition or similar merger transaction with one or more businesses in the automotive sector. The company’s management team, supported by affiliates of The Gores Group and Guggenheim Partners, completed its initial public offering in mid-2021 and its units trade on the Nasdaq under the symbol PSNYW.

The SPAC was specifically formed to combine with Polestar Performance AB, the electric performance carmaker backed by Volvo Cars and Zhejiang Geely Holding Group.