Social Sentiment Increase: NIO Stocktwits & Twitter React to Short Seller Report

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Social Sentiment Increase: NIO Stocktwits & Twitter React to Short Seller Report

Jack Dalton

7:45 AM

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Image credit: ün LIU

Why is Social Sentiment Important? and Where Can You Track it?

As we have seen over the past couple of years, there were a good handful of "Social Sentiment Stocks" like GME and AMC that skyrocketed based almost solely off of social sentiment. As a result of this, many people have started to pay attention to the social sentiment behind stocks.

Out of the several NIO Inc. (NIO) stock discussion available to for investors to share their opinions and discuss their favourite stocks, there are 2 stock discussion forums that influence NIO's social sentiment more than any others. These 2 stock discussion forums include NIO Stocktwits and NIO Twitter.

The Utradea Social Sentiment Dashboard allows you to track real-time trends and insights for NIO Inc. discussions and NIO Inc. conversations.

NIO Stocktwits Sentiment Jumps on Short Seller Report

Here are the latest analytics from the NIO Stocktwits forum (over the last 24hrs):

  • 1,483 Posts (up 116.81% day over day)
  • 2,198 Likes (up 116.55% day over day)
  • 1.56M Impressions (up 204.29% day over day)

The social sentiment in the Nio Stocktwits community has soared over the past 24 hours. This is mainly due to NIO Stock being down over 7% in premarket trading. This decrease was due to a short seller report from "Grizzly Reports" saying that Nio was "inflating their car sales through their Battery as a Service (BaaS) business segment. JP Morgan was quick to release an article defending NIO and completely picking apart the arguments/points made within Grizzly's report. Overall, this large premarket decrease seems to be nothing but unwarranted selling due to a potentially fradulent short seller report. Natirally, investors had quite the reaction to this news on the NIO Stocktwits Forum, hence the large uptick in their social sentiment.

NIO Twitter Experinces Similar Uptick in Social Sentiment

Here are the latest analytics from the NIO Twitter communiy (over the last 24hrs):

  • 1,647 Tweets (up 81.39% day over day)
  • 56,539 Likes (up 209.09% day over day)
  • 7.28M Impressions (up 108.13% day over day)

The NIO Twitter sentiment seems to have experienced a similar uptick in social sentiment due to the same news that casued the NIO Stocktwits social sentiment to increase. However, the amount of impressions in the NIO Twitter community is 4-5x that of the NIO Stocktwits community as a result of large Twitter accounts posting about the NIO stock.

NIO Twitter Accounts that Influence Social Sentiment

Here is a count of “whale” accounts that are acitve on NIO Twitter (over the past 72 hrs):

  • 204 somewhat large Twitter accounts 10,000+ followers,
  • 19 large Twitter accounts with 100k+ followers
  • 1 very large accounts with 500k+ followers

Overall, there has been a sizeable inflow of large Twitter accounts that have posted about NIO over the past 24 hours. Most of these accounts have been posting about the "fradulent short seller report" and the response from JP Morgan. These large accounts can be credited with helping the NIO Twitter community gain so many impressions over the past 24 hours.

Final Thoughts: NIO Forums and Discussion Boards

Overall, investors are very active on the NIO Stocktwits and NIO Twitter Forum. Being able to quickly gain insights into a stocks social sentiment has proven to be beneficial for modern investors. We suggest getting familiar with the Utradea Social Sentiment Dashboard, as it is a quick way to stay up-to date with social sentiment across a wide variety of stocks.

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Jack Dalton

5:56 AM

Jul 07 2022 (Thu)

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