After trading on Tuesday (May 28th), Bloomberg reported that Uber bears had already snapped up 70% of available shares to short. With a float 5.5x that of $LYFT and exceedingly low interest rates (<1% for $UBER compared to ~30% for $LYFT), this is not all that surprising.
Fidelity currently has about 3mm shares available to short interest-free (the 0.63% interst rate taken care of via client rebate).
Submitted May 30, 2019 at 11:34AM by RandallStephens http://bit.ly/2Wdg4EL
