September NYSE Short Interest: Housing And Retail Under Pressure

Investing

Published: September 21, 2007 4:13 am

The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares short on September 14 compared to August 15, 2007.

Among the companies with the largest increase in short position were Jones Apparel (JNY), DR Horton (DHI), and Thornburg Mortgage (TMA),

Ford (F) topped that short list with 191.1 milion shares short, little changed from August. Countrywide, Home Depot, and Best Buy were also in the top ten.

Below is the short interest in selected companies.

Largest Short Positions

Company Shares Short

Ford (F) 191.1 million shares short

Qwest (Q) 85.9 million shares short

AMD (AMD) 84.4 million shares short

Counrtywide (CFC) 78.7 million shares short

Time Warner (TWX) 64.9 million shares short

Home Depot (HD) 63.8 million shares short

Best Buy (BBY) 62.8 million shares short

GE (GE) 59.7 million shares short

GM (GM) 56.3 miillion shares short

Altria (MO) 50.1 million shares short

Sprint (S) 47.8 million shares short

Largest Increases In Short Position

Company Increase

Marsh & McLennan Up 20.2 million

Jones Apparel Up 19.9 million

Rolm & Haas Up 16.1 million

Rite Aid Up 10.7 million

DR Horton Up 8.4 million

Delta Up 6.8 million

Thornburg Up 5.7 million

Texas Instruments (TXN) Up 5.3 million

MBIA Up 4.1 million

Largest Decreases In Short Position

Company Decrease

Tenet Down 16.1 million

Wells Fargo Down 15.6 million

CVS Down 15.5 million

Schering-Plough Down 15.2 million

Fannie Mae Down 14.6 million

Wachovia Down 13.8 million

Bank of America (BAC) Down 9.5 million

Valero Down 9.2 million

News Corp (NWS) Down 7.8 million

JP Morgan (JPM) Down 7.7 million

Data from WSJ and NYSE

Douglas A. McIntyre

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