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

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney, Charter stocks rise on deal, blackout endingCharter customers who are football fans can breathe a little easier. Disney (DIS) and Charter (CHTR) have resolved their carriage dispute and subsequent blackout just hours before 'Monday Night Football' starts on ESPN. Yahoo Finance breaks down the stock action.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »