
Short sellers have been increasingly targeting airlines and banks, according to a report by data and tech firm Hazeltree. The report, released on Wednesday, highlights that American Airlines (AAL) and JetBlue (JBLU) were among the most shorted stocks in August. Additionally, Goldman Sachs (GS) was identified as the 9th most crowded large-cap stock for short sellers. The Hazeltree Shortside Crowdedness Report also noted that Chevron topped the list of most shorted securities in August. This trend reflects growing pessimism towards sectors plagued by earnings declines and price increases.




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Shortsellers bet against airlines and banks, Hazeltree report says https://t.co/L7mvefWsGK https://t.co/5xVyZzsF1g
Chevron Tops List of Most Shorted Securities in August, Finds Hazeltree Shortside Crowdedness Report https://t.co/FvgnShM3Bz https://t.co/1ThFNkuaS3