Chevron (CVX) Targeted by Short Sellers: Should You Worry?

Energy major Chevron Corporation (CVX) emerged as April’s most shorted large-cap stock in the United States, according to Hazeltree’s Shortside Crowdedness Report. This marks a significant shift, as EV maker Tesla had long held the top position among short-sellers.What Does the Report Say About Chevron?The 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 $500 million last month. This too ...