iQIYI

IQ

iQIYI (Chinese: 爱奇艺), formerly Qiyi (奇艺), is a Chinese online video platform based in Beijing launched on April 22, 2010. iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month and over 500 million monthly active users. On March 29, 2018, the company issued its IPO (initial public offering) in the U.S. and raised $2.25 billion. iQiyi is not available in Taiwan since October 15, 2020 because of a Taiwan government ban on partnerships with mainland Chinese video streaming companies.

iQIYI has been a target of short sellers for a while. The current short interest of 11.98% is roughly at the average of the last 12 months (13.04%).