Rivian: the short position from the IPO to the Volkswagen joint venture
FINRA's twice-monthly counts for the electric-truck maker from its first settlements after the November 2021 listing to the late-2024 peak that followed the Volkswagen joint venture.
- Start
- 3.61% (14 Jan 2022)
- Peak
- 14.81% (29 Nov 2024)
- Low
- 3.61% (14 Jan 2022)
- End
- 12.57% (31 Dec 2025)
Figures are the short interest as a percentage of shares outstanding, from FINRA data, 96 points between 14 Jan 2022 and 31 Dec 2025.
What the data showed
The first settlement in the window, 14 Jan 2022, is also the low: 3.61% of shares outstanding. Short interest then rose over three years to 14.81% on 29 Nov 2024 and ended the window at 12.57% on 31 Dec 2025.
From the IPO to Volkswagen
Rivian listed in November 2021 and unveiled its smaller R2 model in March 2024. On 25 June 2024 it announced a joint venture with Volkswagen Group involving an investment of up to $5 billion; on 12 November 2024 the two companies raised that to up to $5.8 billion and launched the venture the following day, with the first Volkswagen models using Rivian's software and electrical architecture expected as early as 2027.
Reading the line
The peak of 14.81% on 29 Nov 2024 came in the settlement after the expanded venture was announced. FINRA's days-to-cover figure, which reached 7.26 days on 30 Jun 2025, is shown on the company page. This page records what FINRA published and when; it does not say whether any position was right.
Full history and today's figure: Rivian Automotive, Inc. Class.
About this page
US short interest data: FINRA (finra.org). FINRA® is a registered trademark of the Financial Industry Regulatory Authority, Inc. This site is not affiliated with or endorsed by FINRA or the SEC; displayed for personal reference, bulk redistribution is not permitted (see terms). The narrative describes what the published figures showed and widely reported public events around them; it is not a description of any company's prospects and is not investment advice.