The Zhitong Finance App learned that at a time when the SpaceX (SPCX.US) stock price recently rebounded sharply from the slump after the IPO, bears are rapidly leaving. As of Wednesday, SpaceX's short positions had fallen to around 11% of its publicly traded shares, a sharp drop from last week's peak of 34%, according to S3 Partners. This decline reflects the combined effects of closing short positions and a significant increase in tradable shares of the stock after the first large-scale sales restriction period expired. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, said, “Those who want to go short don't have bullets anymore. After all, the amount you can invest in a trade is limited.”

The Zhitong Finance App learned that at a time when the SpaceX (SPCX.US) stock price recently rebounded sharply from the slump after the IPO, bears are rapidly leaving. As of Wednesday, SpaceX's short positions had fallen to around 11% of its publicly traded shares, a sharp drop from last week's peak of 34%, according to S3 Partners. This decline reflects the combined effects of closing short positions and a significant increase in tradable shares of the stock after the first large-scale sales restriction period expired. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, said, “Those who want to go short don't have bullets anymore. After all, the amount you can invest in a trade is limited.”