LFEV Short Interest Collapses as Price Climbs

LFEV — Life Electric Vehicles Holdings Inc. — is a rare setup this week: short interest has fallen sharply while the stock quietly gained ground.

Short positioning has collapsed over the past month. Estimated shares short dropped roughly 86% over 30 days, landing at just 282 shares as of April 28. Even over the past week, shorts trimmed a further 23%. With only a tiny residual position remaining and the ORTEX short score running near 40 — a moderate reading — there is no meaningful bear crowding here.

The borrow market picture is unusual, and worth reading carefully. Cost to borrow was last recorded at 54.8% APR in mid-March, a sharp jump from the 16% range seen the week before. That data is now stale — 48 days old — so it should be treated as historical context rather than a live reading. What it does suggest is that there was a brief and intense demand for borrows in March, which has since resolved as the short interest itself evaporated. Availability now shows at 9,999% of short interest — effectively unlimited supply relative to the minimal position outstanding. The lending market is completely loose.

Price action has been modest but positive. LFEV closed at $2.01 on April 27, up roughly 0.5% on the week and 50% over the past month. With a market cap of approximately $17 million, this is a micro-cap OTC name with limited liquidity and wide spreads as the natural backdrop.

There is no current analyst coverage, no upcoming earnings event, and the insider and factor-score data in the system dates back to 2008 and 2013 respectively — far too stale to carry any analytical weight today.

The story this week is simply one of shorts stepping back as the stock drifts higher. With borrow availability unconstrained and short interest near zero, the next relevant datapoint is whether any renewed short-selling interest re-emerges — or whether the March cost-to-borrow spike was a brief, isolated episode with no follow-through.