Stellantis

STLA

Stellantis N.V. is a multinational automotive manufacturing corporation formed from the merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. The company is headquartered in Amsterdam. As of 2022, Stellantis was the fourth-largest automaker by sales, behind Toyota, Volkswagen Group, and Hyundai Motor Group.The company's stock is listed on the Borsa Italiana, Euronext Paris and the New York Stock Exchange. Stellantis designs, manufactures, and sells automobiles bearing its 14 brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. At the time of the merger, Stellantis had approximately 300,000 employees, a sales presence in more than 130 countries, and manufacturing facilities in 30 countries.

Stellantis has been a target of short sellers for a while. The current short interest of 6.26% is significantly above the average of the last 12 months (3.23%).