- Tesla was the most shorted US large-cap stock for the third consecutive month in August, securities firm Hazeltree said.
- Charter Communications and Apple were the second and third most shorted large-cap names.
- Tesla stock rallied as much as 10% on Monday after Morgan Stanley published a bullish research note.
Tesla was the most shorted large-cap stock in US markets last month, securities firm Hazeltree found in a new report.
Researchers wrote that Elon Musk's EV maker topped the list for the third consecutive month. A short position means investors are betting that the share price of a company will decline.