Nvidia Bears Mount 13.6 Million Share Short Volume Surge Near $230

Nvidia's recent share price rally near $230 has been met with skepticism from some investors, who argue that the company's valuation is too high. The daily short volume has surged to 13.6 million shares, accounting for 11.09% of the total shares traded on Tuesday.

This surge in short selling comes as institutional capital and intraday short sellers clash over Nvidia's premium valuation. Despite this, the company's strategic enterprise moves continue to draw scrutiny from market watchers, adding downward pressure on the stock.

According to a recent loan deal between Zankore, an Indonesian AI infrastructure platform backed by Nvidia, and a $3.1 billion lender, the accelerating pace of debt-financed computing expansion across Asia is expected to fuel further growth for the company.