Short interest in several large Nasdaq traded companies fell sharply in September. The figures are calculated as of September 14 and are compared to numbers from August 15, 2007.
Short interest in Level 2 (LVLT) fell 6.3 million to 123 million. Comcast (CMCSA) short interest fell 16.1 million shares to 97.2 million. Shares sold short in Yahoo! (YHOO) dropped 11 million to 51.3 million.
Stocks that saw large increases in short interest included Sun Microsystems (JAVA) where share short hit 89.5 million, up 28.5 million.
Largest Short Positions
Company Shares Short
Level 3 123 milllion shares short
Comcast 97.1 million
Charter (CHTR) 95.4 million
Microsoft (MSFT) 83.0 million
Sirius (SIRI) 81.1 million
Intel (INTC) 74.4 million
Sun 69.5 million
Yahoo! 51.3 million
Cisco (CSCO) 48.3 million
Oracle (ORCL) 43.2 million
Symantec (SYMC) 39.0 million
Amazon (AMZN) 38.2 million
Largest Increases
Sun 28.4 million
Atmel (ATML) 22.2 million
RF Micro (RFMD) 10.5 million
Network Appliance (NTAP) 8.8 million
Verisign (VRSN) 7.0 million
Take-Two (TTWO) 6.1 million
Largest Decreases
Comcast 18.1 million share decrease
Microsoft 14.1 million share decreae
Appled Materials 13.1 million
Yahoo! 11.0 million
Sirius 9.9 million
Intel (INTC) 9.8 million
Cisco 9.1 million
Data from NASDAQ and WSJ
Douglas A. McIntyre
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