Tesla tops list of most shorted stocks for third month running in Aug – Hazeltree

Tesla super chargers are shown in Mojave, California

Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike Blake/File Photo Acquire Licensing Rights

LONDON, Sept 12 (Reuters) – Tesla (TSLA.O) topped a list of the most shorted large-cap U.S. stocks for a third month consecutively in August, securities lending firm Hazeltree said in a report published on Tuesday.

Tesla stock rallied over 5% on Monday after a Morgan Stanley (MS.N) note suggested the automaker’s Dojo supercomputer could bolster Tesla’s market value.

Tesla did not immediately respond to a request for comment.

Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe

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