Investing
Increased Short Selling in Data-Comm Equipment Stocks (CIEN, CSCO, LVLT, JDSU, JNPR)
Published:
With the trends seen lately in communications equipment and data providers because of telecom spending dropping, it is no huge surprise that the short selling has been increasing in some of the stocks in the sector. Some companies showed declines in short selling, but these are some of the larger companies that showed increases in short sales from mid-August to late in August:
Alternative Energy Aug 29 Aug 15 Change
Ciena Corp. (CIEN) 10,613,944 10,213,947 3.92%
Cisco Systems (CSCO) 61,385,846 60,078,726 2.18%
Level 3 Communications (LVLT) 249,148,929 247,414,113 0.70%
JDS Uniphase Corp. (JDSU) 24,646,634 22,891,958 7.67%
Juniper Networks (JNPR) 29,631,812 26,574,049 11.51%
Jon C. Ogg
September 11, 2008
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