Short interest in companies traded on the NYSE increased for a number of financial firms based on positions as of February 15. The data compares to numbers on January 31
Shares sold short in Citigroup (NYSE: C) rose 10.9 million shares to 92.8 million. Shares short in Bank of America (NYSE: BAC) moved up 6.3 million to 68.8 million. Shares sold short in Wachovia (NYSE: WB) jumped 16.3 million to 96.8 million. Shares short in Fannie Mae (NYSE: FNM) increased by 8.8 million to 51.8 million.
Other significant short stakes:
Largest positions in shares sold short
Company Shares Short
Ford (NYSE: F) 216.3 million shares short
Washington Mutual (NYSE: WM) 148,4 million
Countrywide (NYSE: CFC) 103.1 million
Wachovia 96.8 million
Wells Fargo (NYSE: WFC) 96.5 million
Citigroup 92.8 million
Qwest (NYSE: Q) 92.0 million
AMD (NYSE: AMD) 89.8 million
Micron (NYSE: MU) 80.6 million
Bank of Amerca 68.8 million
Home Depot (NYSE: HD) 65.2 million
GM (NYSE: GM) 63.4 million
EMC (NYSE: EMC) 63.2 million
Largest Increases In Short Position
Washington Mutual 17.6 million increase
Wachovia 16.3 million
Citigroup 10.9 million
CItadel 10.9 million
Freddie Mac (NYSE: FRE) 9.7 million
Qwest (NYSE:Q) 9.6 million
AT&T (NYSE: T) 9.5 million
Decrease In Short Interest
Best Buy (NYSE: BBY) 19.7 million drop
Rite Aid 19.6 million
Countrywide 10.0 million
MBIA (NYSE: MBI) 8.5 million
Mirant 7.4 million
Motorola (NYSE: MOT) 6.5 million
Texas Instrument (NYSE: TXN) 6.5 million
GE (NYSE:GE) 6.5 million
Data from NYSE and WSJ
Douglas A. McIntyre
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.