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Exxon Mobil (NYSE:XOM) was the most-shorted large-cap inventory within the S&P 500 in October, changing Tesla (TSLA), which had been most shorted for 4 straight months, Business Insider reported this week, citing analysis from HazelTree.
Following Exxon (XOM) and Tesla (TSLA) amongst large-cap shares have been Apple (AAPL), Charter Communications (CHTR), Broadcom (AVGO), Rivian Automotive (RIVN), US Bancorp (USB), SNAP (SNAP), Ford (F), and Airbnb (ABNB).
The three most-shorted names within the mid-cap sector, based on the BI report, included SOFI Technologies (SOFI), American Airlines (AAL), and Lucid (LCID).
The report additionally listed the highest shares ranked by the proportion of institutional traders’ provide of a selected inventory to be loaned to brief sellers, which was topped by Rivian (RIVN).