FreightWaves Truck Talk: What does Workhorse’s past say about its future?

Never-ending story … Battery-electric delivery van maker Workhorse Group (NASDAQ: WKHS) lives on borrowed money. It always has. And while an incredible retail investor-driven run continues in the first weeks of 2021, Workhorse short interest is a whopping 29%, according to Fintel.ioi. That means almost one in three shares are held by borrowers betting the price will fall. A healthy level of short interest is typically 8-15%. Founded by Steve Burns as Amp Electric Vehicles, the company has...

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