Short bets against Nvidia stand at $34 billion, S3 Partners says

As Nvidia threatens to dethrone Microsoft as the world’s most valuable company, at least a few investors are betting its soaring shares will return to earth.

Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple and Tesla, the next two biggest short bets combined, according to a report from S3 Partners on Thursday.