Why is HYLN stock dropping?

Why is HYLN stock dropping?

Shares of hybrid-truck powertrain maker Hyliion Holdings ( HYLN -1.54% ) opened sharply lower on Monday, after a Wall Street analyst cut his bank’s rating on the stock. As of 10:00 a.m. EDT, Hyliion’s shares were down about 13.1% from Friday’s closing price.

Similarly, Why is HYLN stock up?

Hyliion Holdings (HYLN +10.7%) stock is up after the Texas electrified powertrain solutions company reported its Q4 revenues of $200K (consensus: $988.33K); its first revenue as a public entity. Its GAAP EPS of -$0.17 beat estimates by $0.10.

Who holds Hyliion? Hyliion Holdings is not owned by hedge funds. The company’s CEO Thomas Healy is the largest shareholder with 19% of shares outstanding. In comparison, the second and third largest shareholders hold about 6.3% and 5.5% of the stock.

Thereof, Who owns HYLN stock?

Top 10 Owners of Hyliion Holdings Corp

Stockholder Stake Shares owned
SSgA Funds Management, Inc. 1.63% 2,833,680
Handelsbanken Fonder AB 1.37% 2,376,645
Geode Capital Management LLC 1.08% 1,865,265
Morgan Stanley & Co. LLC 1.04% 1,801,729

Who invested in HYLN?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., VTSMX – Vanguard Total Stock Market Index Fund Investor Shares, BNP Paribas Asset Management Holding S.A., NAESX – Vanguard Small-Cap Index Fund Investor Shares, State Street Corp, IWM – iShares Russell 2000 ETF, Handelsbanken Fonder AB, Geode Capital …

What is Hypertruck ERX?

The Hypertruck ERX is an extended-range electric powertrain that is recharged by an onboard natural gas generator for Class 8 commercial trucks. It aims to provide lower operating costs, emissions reductions and superior performance, according to the company.

Who invested in NKLA?

Top 10 Owners of Nikola Corp

Stockholder Stake Shares bought / sold
The Vanguard Group, Inc. 4.40% +336,923
BlackRock Fund Advisors 3.08% +550,857
Inclusive Capital Partners LP 2.48% 0
Coatue Management LLC 1.79% -210,253

How much is a Hyliion truck?

The Hyliion Hypertruck will cost $90,000 per truck more than a truck with an engine; Diesel and Natural Gas engines are similarly priced trucks (Source: Hyliion business plan).

What is Hyliion ERX?

Hyliion Inc. has launched the Hypertruck Electric Range Extender (ERX), a long-haul, fully-electric powertrain which the company says delivers superior performance, emissions reductions and cost-savings to the global trucking industry.

How are Hyliion trucks powered?

Harness the power

Hyliion produces electrified powertrain systems that can augment or fully replace traditional diesel- or natural gas-fueled powertrains. Its systems are designed to improve performance and lower total cost of ownership while leveraging the existing alternative fuel infrastructure.

Who owns the most shares of Nikola?

Nikola is not owned by hedge funds. Our data shows that Trevor Milton is the largest shareholder with 16% of shares outstanding. For context, the second largest shareholder holds about 9.9% of the shares outstanding, followed by an ownership of 6.3% by the third-largest shareholder.

What is the short interest in NKLA?

What is Nikola’s current short interest? Short interest is the volume of Nikola shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 69,620,000 shares of NKLA short. 28.47% of Nikola’s shares are currently sold short.

Does Hyliion use hydrogen?

Hyliion is well positioned to evolve with the market into hydrogen solutions as the refueling infrastructure is built. We have already begun efforts on both fuel agnostic and hydrogen fuel cell solutions.

Is Hyliion legit?

Is Hyliion a good company to work for? Hyliion has an overall rating of 4.3 out of 5, based on over 22 reviews left anonymously by employees. 78% of employees would recommend working at Hyliion to a friend and 74% have a positive outlook for the business. This rating has improved by 29% over the last 12 months.

How many employees does Hyliion have?

How many employees does Hyliion have? Hyliion has approximately 51-200 employees.

What is a Nikola truck?

Nikola Motor Company is a pioneer in zero-emisson trucks. Nikola offers both pure electric and also hydrogen electric powertrains across multiple applications. PRODUCTS. The hydrogen fuel cell electric day cab semi-truck. Available in North America.

How many shares does Nikola have?

Share Statistics

Avg Vol (3 month) 3 17.37M
Shares Outstanding 5 406.88M
Implied Shares Outstanding 6 N/A
Float 8 233.74M
% Held by Insiders 1 46.22%

What are the most shorted stocks?

Most Shorted Stocks Right Now

  • Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
  • SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
  • Beyond Meat, Inc. (NASDAQ:BYND) …
  • Lemonade, Inc. (NYSE:LMND)

What stocks have the highest short interest?

High Short Interest Stocks

Ticker Company ShortInt
BYND Beyond Meat Inc 40.60%
GOGO Gogo Inc 39.18%
ICPT Intercept Pharmaceuticals Inc 35.97%
BLNK Blink Charging Co 35.29%

How many shares are short in NKLA?

Share Statistics

Avg Vol (3 month) 3 16.88M
Float 8 233.74M
% Held by Insiders 1 46.22%
% Held by Institutions 1 26.59%
Shares Short (Dec 15, 2021) 4 54.12M

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