Powering Through: Short Sellers Recharge as CATL Hits Record Highs

EquiLend data shows short positioning building in Contemporary Amperex Technology (3750 HK) as shares pushed to new highs following strong earnings and a wave of product announcements.

EquiLend Borrow Quantity climbed steadily into mid-April, peaking at 36.5 million shares on April 17th, up from 24.1 million in early March. Over the same period, the stock rallied from HKD 502.82 in early March to HKD 735.65 on April 21, reflecting a sharp repricing while borrow demand continued to rise.

CATL drew fresh attention during its “Super Technology Day,” highlighting next-generation Shenxing and Qilin battery developments and aggressive performance claims. The backdrop also includes stronger reported profitability and ongoing corporate expansion, alongside market focus on potential supply events – including a reported institutional stake sale and chatter around a possible Hong Kong share offering.

With borrow demand rising alongside price strength, positioning signals suggest investors are actively hedging and reassessing near-term volatility risk.

The EquiLend Edge

EquiLend’s short sale & financing data provides actionable intelligence on evolving market sentiment that traditional metrics may not capture.

Book a demo of EquiLend Data & Analytics today to receive these signals and more in real-time: https://equilend.com/contact-us/.

Bloomberg Terminal users can subscribe to EquiLend’s exclusive short selling and financing data by entering terminal shortcut APPS ORBISA <GO> or clicking the following link: https://on.equilend.com/bloomberg-terminal-page.