Banking, finance, and taxes

Short Sellers Up Bet Against Brokerage Firms (June 2007) (GS, MER, MS, LEH, BSC)

Stock Tickers: GS, MER, MS, LEH, BSC

The raw number of shares that are measured in the short interest in bulge bracket brokerage firm and investment banking stocks did increase, although if you look at the companies mentioned you’ll see that the picture was more of a mixed bag.  Here are the shares measured in the short interest for June and May:

Company (Ticker)            JUNE          MAY       Change
Goldman Sachs (GS)     8.47M         8.53M      -0.70%
Merrill Lynch (MER)         15.27M     14.41M      +5.95%
Morgan Stanley (MS)       11.16M     10.22M      +9.20%
Lehman (LEH)                 10.56M     10.67M      -1%
Bear Stearns (BSC)         3.60M         3.64M      -1%

Total                                   49.06M      47.47M      +3.34%

Jon C. Ogg
June 22, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.