Apple Overtakes Tesla As The Most Shorted Stock: Here’s Why It Matters — And Why It Doesn’t – Apple (NASDAQ:AAPL)

The largest publicly traded company in the world is now the most shorted stock by dollars. The total now passes the previous record holder, electric vehicle giant Tesla Inc TSLA. This doesn’t mean that Apple Inc AAPL will see a short squeeze anytime soon. The increase in shares short for Apple could signal a reverse in sentiment for the company. The increased short interest could indicate some investors saw the iPhone 14 as not having strong sales as anticipated or it could be a bet against the strength of the economy.

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