NASDAQ Tech "Horsemen" Short Interest (June 2007)

Stock Tickers: MSFT, CSCO, DELL, INTC, GOOG, AAPL, RIMM, AMZN, QCOM, ORCL, YHOO

By and large there was a noticeable increase among the NASDAQ’s Four Horsemen in June short interest compared to that in May.  We already saw much of this in the NYSE listed stocks last week and now the data is out in the NASDAQ traded stocks.  Since Cramer did a "New Horsemen of Tech" and kicked out the old ones we included these in the old and new groups, and gave the other most active NASDAQ names in the large cap tech stocks.

Stock (Ticker)              June         May      Change
Microsoft (MSFT)    113.89M    98.76M   +15.3%
Intel (INTC)              100.12M    81.23M   +23.25%
Cicso (CSCO)         50.54M      46.75M   +8.1%
Dell (DELL)              34.24M     32.49M    +5.3%
Apple (AAPL)            29.86M     27.94M    +6.8%
Google (GOOG)        6.21M       3.98M     +55.8%
Amazon.com (AMZN) 46.2M     53.9M      -14.2%
R-I-M (RIMM)              10.84M     9.89M     +9.6%

Runner-Ups
Qualcomm (QCOM) 31.89M     26.49M    +20.4%
Oracle (ORCL)          48.67M     47.4M       +2.7%
Yahoo! (YHOO)          72.58M    79.28M      -8.45%

The NASDAQ 100 Trust (QQQQ) saw its short interest rise more than 26%, with its short interest carried at 197.6 million shares in June compared to 156.6 million in May.  Stay tuned Wednesday as we’ll have more of the sectors broken down for chips, Internet, biotech and more.

Jon C. Ogg
June 26, 2007

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