Warren Buffett Isn’t the Only One Cooling on Chevron Stock
Buffett’s Berkshire Hathaway revealed this week that it had sold off some of its Chevron stock in the first quarter, along with shares of Paramount Global and Apple It sold all of its HP shares. In fact, Chevron scored the highest in a ranking of the most-shorted large-cap U.S. stocks by data company Hazeltree, beating out Tesla which came in second. To put together the report, Hazeltree polls about 700 asset managers, and ranks companies based on what percentage of the funds are shorting the stock.