Amazon dethrones Tesla as the stock short sellers hate the most (TSLA, AMZN)

elon musk tesla spacex boringMark Brake/Getty

Less than one week after Tesla CEO Elon Musk ended his bid to take the electric-car company private, Amazon has passed it as the most-shorted US stock.

Short interest in Amazon climbed to $9.97 billion on Friday, according to data from S3 partners, passing the $9.83 billion in bets against Tesla’s stock, which for months has been the most-shorted name in the market.

See the rest of the story at Business Insider

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SEE ALSO: The SEC wants to make it easier for small-time investors to get in on companies like Uber or SpaceX



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