NIO Stock’s Short Interest Hits 32-Month Low – Here’s Why Investors Are Bullish On The EV-Maker’s Growth Prospects

• Nio delivered 37,705 vehicles in May, marking its strongest monthly performance of 2026.
• Nio’s ES9 SUV has delivery wait times of up to four months, indicating surging demand.
• The EV maker is set to open the first batch of its fifth-generation battery swap stations in mid-to-late June.

U.S.-listed shares of NIO Inc. (NIO) were in the spotlight on Tuesday as growing investor optimism pushed short interest down to nearly 5%, driven by standout May delivery figures and rising anticipation for the company's fifth-generation battery-swap stations, slated to open later in June.

At the time of writing, NIO shares were up 1.3% and on track to close in the green for a fifth time in six sessions.

According to Koyfin data, short interest in NIO declined to 5.4% of the float as of May 29, down from 6.3% at the end of January 2026 and 9.1% last June, marking its lowest level since September 2023. The company has roughly 2.50 billion outstanding shares.

Source: Koyfin

Nio To Increase Number Of Battery Swap Stations

Nio is set to open the first batch of its fifth-generation battery swap stations in mid-to-late June, marking the first time the upgraded network will support vehicles from its Firefly brand. The company is currently conducting system tests to ensure compatibility across all Nio vehicle models.

Founder William Li also reaffirmed Nio’s goal of adding 1,000 battery swap stations in China this year. With more than 3,800 stations already in operation, the company expects deployment to accelerate in the second half of 2026 as the new-generation stations roll out.

Nio Records Best Month In 2026

Nio delivered 37,705 vehicles in May, its strongest monthly performance of 2026, driven by robust demand across its entire vehicle lineup. The company’s deliveries for the first five months of the year climbed nearly 69% from a year earlier to more than 150,000 vehicles.

Much of the momentum came from the Onvo brand, which delivered over 12,000 vehicles. Investors are also closely watching the newly launched ES9 SUV, with some premium versions already showing delivery wait times of up to four months, signaling strong early demand.

What Is Retail’s Take On NIO?

Retail sentiment surrounding NIO remained in the ‘bullish’ territory over the past 24 hours, amid ‘high’ message volumes.

One user was bullish about Nio’s increasing number of battery stations.

Another user highlighted a key resistance level for the stock.

NIO shares have gained around 19% so far this year.

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