The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January 21.
Short interest in Level 3 (LVLT) soared 48.7 million shares to 209.2 million. Short interest in Microsoft (MSFT) moved up 22.6 million to 112.3 million. Short interest in Yahoo! (YHOO) jumped 12.7 million to 55.2 million.
Shares sold short in Intel (INTC) moved up 6 million to 69.9 million. Short interest in Dell (DELL) jumped 7.5 million to 52.3 million.
Largest Short Positions
Company Shares sold short.
Level 3 209.2 million shares short
Sirius (SIRI) 121.5 million
Microsoft 112.3 million
E*Trade (ETFC) 96.5 million
Charter (CHTR) 93.4 million
Intel 69.9 million
Comcast (CMCSA) 59.4 million
Yahoo! 55.3 million
Dell 52.3 million
Cisco (CSCO) 45.2 million
Oracle (ORCL) 39.1 million
Larges Increase In Short Position
Company Increase In Shares Sold Short
Level 3 48.7 million
Microsoft 22.6 million
Yahoo! 16.7 million
Source Interlink 10.6 million
Sirius (SIRI) 9.2 million
Largest Decreases In Short Position
Company Decrease In Shares Sold Short
Appled Materials 6.9 million share decrease
SiRF (SIRF) 6.1 million
Charter 5.9 million
Altera 5.9 million
Hudson Bank 5.2 million
Comcast 3.9 million
Data from NASDAQ and WSJ
Douglas A. McInyre
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