Glonghui, May 14 | According to a monthly report released by data and technology company Hazeltree, oil company Chevron was the most shorted US stock in April, surpassing Tesla, the number one target for a long time, because shorters increased their bets on weak energy prices. Chevron's first-quarter results fell short of Wall Street's unanimous expectations, and the company is feeling the pressure of weak energy prices and the cooling of refining margins last year. Oversupply of natural gas and higher-than-expected winter temperatures have also lowered gas prices and affected profits. However, according to LSEG Datastream data, Chevron's stock price rose 1.38% in April, increasing its total market value by about $5 billion.
4月雪佛龙超过特斯拉成被抛售最多的股票
Chevron surpassed Tesla as the most sold stock in April
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