Li Auto saw its short interest surge to a record 9.6% of free float, fueled by bearish bets following a significant 24.4% year-over-year decline in Q4 2025 deliveries to 109,194 vehicles.

  • The company delivered 406,343 units in 2025, marking an 18.81% year-over-year decrease, amid intensifying competition in the premium SUV market.
  • The stock is currently the most shorted Chinese automaker.
  • Despite the negative fundamentals, the stock closed up +3.54% at $16.69, trading higher in after-hours at $16.83.