Investing
NYSE Short Interest In Banks And Retailers Rises (WB)(MBI)(SLM)(CC)(C)(MO)(F)(TWX)(EMC)
Published:
Short interest of stocks listed on the NYSE as of December 31 showed that retailers and financial companies had sharp increases when compared to the figures on December 14.
Shares sold short in Wachovia (WB), Wells Farge (WFC), MBIA (MBI), SLM (SLM), and Circuit City (CC) jumped.
Short interest in Citigroup (C), Altria (MO), Ford (F), Time Warner (TWX), EMC (EMC), and Pfizer (PFE) fell.
Largest Short Interest Positions
Company Shares Sold Short
Ford 138.6 million shares short
Countrywide (CFC) 134.4 million
Citigroup 96.6 million
Washington Mutual (WM) 92.4 million
Qwest (Q) 88.9 million
AMD (AMD) 79.2 million
Largest Increases In Short Interest
Company Increase In Shares Sold Short
Wachovia 20 million
Liberty Property 15.1 million
Rite Aide 12.3 million
Wells Fargo 8.8 million
Standard Pacific 8.1 million
Procter & Gamble (PG) 7.1 million
Largest Decreases In Short Position
Company Decrease In Shares Sold Short
Altria 16.2 million share decrease
Ford 10.1 million
Time Warner 9.7 million
EMC 9.0 million
Pfizer (PFE) 8.5 million
Data from NYSE
Douglas A. McIntyre
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.