Hazeltree: In August, short sellers in the US stock market gathered around Chevron and Tesla

According to the latest short interest report from Hazeltree, Chevron was the largest shorted large-cap stock in August, followed by Tesla, the leader in electric vehicles led by Musk, ranking second. This energy company scored 99 points, rising from second place in July (97 points) to the most crowded security in the large-cap category. The Hazeltree Crowding Index represents the securities with the highest short interest ratio in the Hazeltree community. As of August 30th, traders shorted 52.13 million shares of Chevron, accounting for 2.85% of the outstanding shares. Tesla followed closely with a score of 97 points, followed by AMD, Super Micro Computer, and Accenture, all scoring 88 points. Super Micro Computer was the most crowded security in this category in July, but this time it dropped to fourth place, with the highest institutional supply utilization rate of 31.86%, which is a "hot" indicator of a security's supply and demand dynamics. As of August 30th, Super Micro Computer had 8.76 million shares of short interest, accounting for 15.66% of the outstanding shares