Lordstown Motors stock is trading -88.62% below its average target price of $3.13 after dropping -31.9% during today's afternoon session. Analysts are giving the small-cap Heavy Machinery company an average rating of underperform and target prices ranging from $0.5 to $10.0 per share.
The stock has an unusually large proportion of its shares sold short at 19.0%, and a short ratio of 7.64. Insiders such as directors and executives own 13.46% of the company's shares, from which we can deduce there is a significant degree of alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 24.2% of Lordstown Motors's shares being owned by this investor type.
Institutions Invested in Lordstown Motors
|2022-12-31||Vanguard Group, Inc. (The)||4%||8,378,944||$2,983,741|
|2022-12-31||State Street Corporation||2%||4,930,175||$1,755,635|
|2022-12-31||Geode Capital Management, LLC||1%||3,495,610||$1,244,786|
|2022-12-31||Shaw D.E. & Co., Inc.||1%||1,721,930||$613,179|
|2022-12-31||Northern Trust Corporation||1%||1,528,915||$544,446|
|2022-12-31||Charles Schwab Investment Management, Inc.||1%||1,327,868||$472,853|
|2022-12-31||Susquehanna International Group, LLP||0%||960,153||$341,910|
|2022-12-31||Stifel Financial Corporation||0%||900,069||$320,514|