ExxonMobil Overtakes Tesla In Becoming The Most Shorted Large-Cap Stock In S&P 500
Benzinga
2023-11-09
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In a surprising turn of events, ExxonMobil has now overtaken Tesla to become the most shorted large-cap stock in the S&P 500, according to a recent report by HazelTree.
What Happened: Prior to last month, Tesla had held the title of being the most shorted stock for four consecutive months, as investors anticipated a drop in the company’s share price, as reported by Business Insider.
What Happened: Prior to last month, Tesla had held the title of being the most shorted stock for four consecutive months, as investors anticipated a drop in the company’s share price, as reported by Business Insider.
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