Banking, finance, and taxes
Shorting the Brokerage Stocks (MS, GS, BSC, AGE, JEF, RJF, MER, LEH, IAI)
Published:
Stock Tickers: MS, GS, BSC, AGE, JEF, RJF, MER, LEH, IAI
The short interest for MAY 2007 looks a bit mixed in the brokerage firm stocks from April to May, although on a net basis you can see that there was all in all a fairly large rise the short interest of the brokerage firm stocks. The iShares US BrokerDealers (IAI) saw a short interest rise of 18% from 1.539 million in April to 1.821 million shares in May. Merrill Lynch and Lehman Bros were the only two major brokerage firms that saw a drop in their short interest from April to May. Here is the rest of the May short interest versus April:
STOCK (Ticker) MAY07 APR07 Change
Morgan Stanley (MS) 10.21M 8.86M 29.9%
Goldman Sachs (GS) 8.53M 7.09M 20.7%
Bear Stearns (BSC) 6.28M 5.97M 5.2%
A.G.Edwards (AGE) 2.93M 2.84M 1.9%
Jefferies (JEF) 6.78M 6.44M 5.2%
Raymond James (RJF) 2.95M 2.55M 15.6%
lower short interest…..
Merrill Lynch (MER) 14.41M 14.97M -3.75%
Lehman (LEH) 10.67M 11.08M -3.73%
Jon C. Ogg
May 22, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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