Short Sellers Go After Chevron Stock: Still a Hold?

Energy major Chevron Corporation (CVX) emerged as August’s most shorted large-cap stock in the United States ahead of Tesla (TSLA) , according to Hazeltree’s Shortside Crowdedness Report.Report: Shorting Chevron Stock Surges $200 millionThe report, which compiles data from approximately 700 asset management funds globally, revealed that the total value of Chevron's stock used for shorting surged by more than $200 million last month.Short selling occurs when a trader sells shares they don't own, hoping that ...