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Tesla tops list of most shorted stocks for third month running in Aug - Hazeltree

2023-09-12 20:21
LONDON Tesla topped a list of the most shorted large-cap U.S. stocks for a third month consecutively in
Tesla tops list of most shorted stocks for third month running in Aug - Hazeltree

LONDON Tesla topped a list of the most shorted large-cap U.S. stocks for a third month consecutively in August, securities lending firm Hazeltree said in a report published on Tuesday.

Tesla stock rallied over 5% on Monday after a Morgan Stanley note suggested the automaker's Dojo supercomputer could bolster Tesla's market value.

Tesla did not immediately respond to a request for comment.

(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)