May Short Interest Rose in Chip Stocks (AMD, TXN, LSI, MU, NSM, CY, IFX, ADI, STM, TSM, SMH)

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By Douglas A. McIntyre Published
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Stock Tickers: AMD, TXN, LSI, MU, NSM, CY, IFX, ADI, STM, TSM, SMH

The Semiconductor HOLDRs Trust (SMH) pretty much says it all, although many of the components in that are NASDAQ listed instead of NYSE.  SMH short interest rose from 23.76 million shares in April up to a 33.252 million shares in May.  Here are the following changes with the increases in short interest first (from April to May, 2007):

Advanced Micro Devices (AMD) saw its short interest rise from 45.2 million shares to 73.3 million shares.

Texas Instruments (TXN) saw its short interest rise from 30.76 million shares to 32.41 million shares.

LSI Corp. (LSI) saw its short interest rise from 38.36 million shares to 44.55 million shares.

Micron Technology (MU) saw its short interest rise from 33.14 million shares to 36.47 million shares.

National Semiconductor (NSM) saw its short interest rise from 8.43 million shares to 9.813 million shares.

Cypress Semiconductor (CY) saw its short interest rise from 13.02 million shares to 13.89 million shares.

Infineon (IFX) saw its short interest drop from 3.055 million shares to 2.688 million shares.

Analog Devices (ADI) saw its short interest fall from 6.9 million shares down to 6.127 million shares.

STMicroelectronics (STM) saw its short interest fall from 7.3 million shares to 5.946 million shares.

Taiwan SemiConductor (TSM) saw its short interest drop from 11.75 million shares fell to 11.33 million shares.

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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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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