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Exxon Mobil (NYSE:XOM) was the most-shorted large-cap stock within the S&P 500 in October, changing Tesla (TSLA), which had been most shorted for 4 straight months, Enterprise Insider reported this week, citing analysis from HazelTree.
Following Exxon (XOM) and Tesla (TSLA) amongst large-cap shares had been Apple (AAPL), Constitution 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, in keeping with the BI report, included SOFI Applied sciences (SOFI), American Airways (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).