One of the most shorted names in the market this week includes downbeat auto stock Vinfast Auto .
Short selling is a high-risk strategy used by investors to speculate on a potential decline in a stock's price.
VinFast's short interest as a percent of float jumped 26% to 4.5 million shares, or nearly 40% of float.
Short interest in health-care company Cassava Sciences jumped 23% to 16.1 million shares, or about 36% of float.
Short interest in the social media platform and meme stock darling fell 16%, to just 23% of float.
Persons:
Kohl's
Organizations:
CNBC, Nasdaq, York Stock Exchange, Sciences
Locations:
North Carolina, Kohl's