Nasdaq Short Interest Mid-December (LVLT)(SIRI)(INTC)(CSCO)

Investing

Published: December 27, 2007 5:08 am

Based on figures for short interest in Nasdaq stocks at mid-December, traders increased their bets against a number of discount brokerage and technical stocks. The numbers compare figures on December 14 to those November 30.

The short interest in several financial stocks moved up sharply. Shares sold short in TD Ameritrade (AMTD) rose 8.2 million to 17.8 million. Short interest in Schwab (SCHW) jumped 6.1 million to 28.7 million. Shares short in E*Trade (ETFC) moved up 3.9 million to 53.7 milllion.

Short interest in Intel (INTC) moved up 8.7 million shares to 69.7 million. Comcast (CMCSA) short interest was up 4.2 million shares to 51.8 million. Share short in Applied Materials (AMAT) rose 3.2 million to 29.2 million.

The largest drop in short interest was in Sirius (SIRI) which fell 22.5 million to 145 million.

Largest Short Positions

Company Shares Sold Short

Level 3 (LVLT) 167.5 million

Microsoft (MSFT) 113.5 million

Sirius 106.0 million

Charter (CHTR) 96.9 million

Intel 69.7 million

Yahoo! (YHOO) 55.5 million

Largest Increases In Shares Sold Short

Company Increase In Short Position

Comcast (CMCSA) 10.2 million share increase

Intel 8.7 million

TD Ameritrade 8.2 million

Schwab 6.1 million

Largest Decreases In Short Position

Company Decrease In Shares Sold Short

Sirius 11.4 million share decrease

Qualcomm (QCOM) 2.8 million

Yahoo! (YHOO) 2.7 million

Cisco (CSCO) 2.5 million

Data from Nasdaq

Douglas A McIntyre

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