Tesla tops list of most shorted stocks for third month in August: data firm

📆 9/12/2023 4:35 PM
📰 globeandmail

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Charter Communications and Apple also draw significant interest

Tesla, Charter Communications and Apple did not immediately respond to requests for comment.

Trades held by the hedge fund AQR Capital Management and the investment manager Federated Hermes aimed to avoid market risk by offsetting rising and falling prices on different asset classes. Hedge funds have been shorting U.S. stocks at a rapid pace in recent weeks, a Goldman Sachs note this week showed, and total short bets reached their highest value in six months.

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