Investing

Shorting Web Stocks (May 2007) (GOOG, YHOO, EBAY, AMZN, BIDU, MNST)

Stock Tickers: GOOG, YHOO, EBAY, AMZN, BIDU, MNST

Short sellers in the online search and content names are not showing any real significant pattern.  The short interest actually fell in Google (GOOG), so maybe they are getting out of the way in the name.  Believe it or not, the huge run up in Amazon.com (AMZN) did not at all daunt the shorts: there was an increased short interest as the stock marched onward and upward.  It also looks like short sellers are betting against the odds of a Monster Worldwide (MNST) acquisition coming any time soon.

Stock (Ticker)                  MAY        APRIL     CHANGE
Google (GOOG)            3.98M       4.37M       -8.9%
Yahoo! (YHOO)            79.28M    79.04M        0.3%
eBay (EBAY)                   33.9M       35.4M        -4%
Amazon.com (AMZN)    53.9M       48.5M        11.1%
Monster (MNST)             4.13M       3.44M        20%
Baidu.com (BIDU)         3.15M       2.33M        35.2%

Jon C. Ogg
May 25, 2007

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

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