LYFT

Lyft, Inc. develops, markets, and operates a mobile app, offering vehicles for hire, motorized scooters, a bicycle-sharing system, and food delivery. The company is based in San Francisco, California and operates in 644 cities in the United States and 12 cities in Canada.With a 30% market share, Lyft is the second-largest ridesharing company in the United States after Uber.The legality of ridesharing companies by jurisdiction varies; in some areas they have been banned and are considered to be illegal taxicab operations.

LYFT has been a target of short sellers for a while. The current short interest of 18.11% is roughly at the average of the last 12 months (19.18%).