Short Interest

HenryTo · Posted: Sat Aug 25, 2007 1:26 pm Post subject: Short Interest

To be released on a twice-a-month basis going forward. Following is courtesy of the WSJ:
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Bearish Bets Fall on Nasdaq
August Fall of 3.6% Similar to NYSE;
More Data Released
By PETER A. MCKAY
August 25, 2007; Page B5

NEW YORK -- Short-selling activity fell for the August reporting period at the Nasdaq Stock Market, in line with the recent decline at the competing New York Stock Exchange.

For the monthly period ended Aug. 15, the number of short-selling positions not yet closed out at Nasdaq -- so-called short interest -- fell 3.6% to 9,001,087,804 shares from 9,338,359,662 in mid-July.

Marketwide, the short ratio, or number of days' average volume represented by the outstanding short positions at the exchange, fell to 4.6 from 4.9.

Investors who "short" shares borrow them and sell them, betting the price will fall and they will be able to buy the shares back later at a lower price for return to the lender.

Meanwhile, both the NYSE and Nasdaq will shortly begin releasing short-interest data twice-monthly instead of monthly. The next Nasdaq short-interest report is scheduled to appear Sept. 26 in The Wall Street Journal, and then ones will follow on Oct. 10 and 25 under the new twice-monthly format.

rffrydr · Posted: Tue Jan 17, 2012 8:36 pm Post subject:

rffrydr · Posted: Thu Aug 12, 2010 9:05 am Post subject:

Redemption:

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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Sun Apr 25, 2010 9:12 am Post subject:

From this week's commentary:

rffrydr · Posted: Wed Mar 25, 2009 8:55 am Post subject:

One of the better indicators that March was the retest low (4-5months also was about the right scale). This rally was "doomed" to happen:

http://www.reuters.com/article/marketsNews/idUSN2436499820090324

Mind the banks, that was arbitrage with the preferreds.
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Thu Dec 11, 2008 8:55 am Post subject:

Cover rally potential:

http://www.schaeffersresearch.com/commentary/content/stocks+advancing+amid+heavy+short+interest+-+dryships+inc+freeport-mcmoran+copper+gold+inc+chipotle+mexican+grill+inc/trading_floor_blog.aspx?single=true&blogid=89735
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Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Sun Oct 12, 2008 9:16 am Post subject:

From Wolanchuck: Like the 87 crash......short interest is collapsing......nyse short interest plunged 13.4%........dats very boolish.....
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Tue Aug 12, 2008 10:08 am Post subject:

Significant - but not major - decline in short interest in financial shares from July 15th to July 31st:

http://www.forbes.com/reuters/feeds/reuters/2008/08/11/2008-08-11T213627Z_01_N11395038_RTRIDST_0_MARKETS-SHORTINTEREST-FINANCIALS-FACTBOX-URGENT.html

HenryTo · Posted: Fri Jul 25, 2008 8:56 am Post subject:

Short interest on both the NASDAQ and NYSE rose to a record high as of July 15th - immediately before the new SEC short-selling rule was implemented:
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Short Stocks: Bets build against BofA, Ambac, Coke
Fri Jul 25, 2008 9:46am EDT

CHICAGO, July 24 (Reuters) - Short interest jumped 7 percent on the Nasdaq in mid-July and rose 2.7 percent on the New York Stock Exchange to a fresh all-time high, as investors continued to make bearish bets on the stock market The following stocks saw increased interest from short sellers, who bet that a certain stock's price will fall. The data reflect short trades with a settlement date of July 15.

BANK OF AMERICA CORP
Short interest rose almost 32 percent in the largest U.S. retail bank. The bank's rising credit losses led to a 41 percent decline in profit in the second quarter. About 133.8 million of the company's shares were held short, or about 3 percent of its total shares outstanding.

AMBAC FINANCIAL GROUP
Short interest rose almost 34 percent in shares of the bond insurer. The company lost its top credit rating from both Moody's Investors Service and Standard & Poor's last month. About 99.3 million of the company's shares were held short, or about 35 percent of its total shares outstanding.

COCA-COLA CO
Short interest rose almost 70 percent in shares of the beverage maker. The weakening U.S. economy has taken a toll on the company. About 30.7 million of the company's shares were held short, or just over 1 percent of its total shares outstanding.

SOUTHERN COPPER CORP
Short interest more than tripled in shares of the copper producer. A strike had been planned to start on Monday at the company's Peruvian mine Cuajone, but was temporarily suspended pending mediation. The company has been hit by strikes this year in Peru as workers demand a larger slice of the benefits of the country's economic boom. About 21.9 million of the company's shares were held short, or about 10 percent of its shares that are owned publicly and available for trading.

UAL CORP
Short interest rose almost 57 percent in shares of the parent of United Airlines. The company posted a second-quarter loss this week of $2.7 billion, hit by skyrocketing fuel costs that have forced layoffs and capacity cuts. About 31.3 million of the company's shares were held short, or about 26 percent of its total shares outstanding.

FIFTH THIRD BANCORP
Short interest rose almost 21 percent in shares of the large U.S. Midwest bank. The company posted a second-quarter loss this week, due to rising charges related to the tax treatment of leveraged leases and higher credit costs. About 46.3 million of the company's shares were held short, or about 9 percent of its total shares outstanding.

probtrader · Senior Poster Joined: 22 Oct 2005 Posts: 130

Meanwhile, specialists and members short position % increased:
http://tal.marketgauge.com/dvMGPro/charts/charts.asp?chart=MEMSRT