Super Micro Computer beats Tesla in top 10 shorted securities list
15 August 2024 US
Image: Andrey_Popov/stock.adobe.com
Super Micro Computer has overtaken Tesla as the most crowded security in the Americas, a position it has held since May, according to Hazeltree’s July 2024 report.
Its Shortside Crowdedness Report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large, mid, and small cap ranges.
The anonymised data comes from Hazeltree’s proprietary securities finance platform, which tracks around 15,000 global equities across the regions.
Tim Smith, managing director of data insights at Hazeltree, says: “Semiconductor firms appear to be a focus among short sellers right now.
“Last month we saw multiple semiconductor securities in the top 10 list, and this month’s report shows Super Micro Computer and Microchip Technologies maintained staying power in the most crowded shorted securities.”
In the large cap category, Tesla, which had been the most crowded security in the Americas since May, fell just behind Chevron in July.
The report also found that LVMH and Toyota kept their positions as the top shorted large cap stocks in their respective regions of EMEA and APAC.
Bloom Energy dominated the mid cap category in the Americas, with a newcomer Winnerbago Industries, becoming the most crowded security in the small cap category.
Nibe Undustrier climbed the ladder throughout July as the most crowded security in the mid cap category for EMEA, while Rohm Co. held the title for APAC in the same category.
A semiconductor IP company, Alphawave IP Group, entered the list as the most crowded security in the small cap category for EMEA, with Money Forward keeping its position in the same category for APAC.
Its Shortside Crowdedness Report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large, mid, and small cap ranges.
The anonymised data comes from Hazeltree’s proprietary securities finance platform, which tracks around 15,000 global equities across the regions.
Tim Smith, managing director of data insights at Hazeltree, says: “Semiconductor firms appear to be a focus among short sellers right now.
“Last month we saw multiple semiconductor securities in the top 10 list, and this month’s report shows Super Micro Computer and Microchip Technologies maintained staying power in the most crowded shorted securities.”
In the large cap category, Tesla, which had been the most crowded security in the Americas since May, fell just behind Chevron in July.
The report also found that LVMH and Toyota kept their positions as the top shorted large cap stocks in their respective regions of EMEA and APAC.
Bloom Energy dominated the mid cap category in the Americas, with a newcomer Winnerbago Industries, becoming the most crowded security in the small cap category.
Nibe Undustrier climbed the ladder throughout July as the most crowded security in the mid cap category for EMEA, while Rohm Co. held the title for APAC in the same category.
A semiconductor IP company, Alphawave IP Group, entered the list as the most crowded security in the small cap category for EMEA, with Money Forward keeping its position in the same category for APAC.
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