Surprise Short Selling Changes (DNDN, DRYS, ETFC, FLEX, GRMN, SIRI, AMTD)

After looking through the short interest changes for the end of May.  We saw unusual gains in short selling increases in Dendreon Corporation (NASDAQ: DNDN), DryShips Inc. (NASDAQ: DRYS), E*TRADE Financial Corp. (NASDAQ: ETFC), Flextronics International (NASDAQ: FLEX), Garmin Ltd. (NASDAQ: GRMN), Sirius XM Radio Inc. (NASDAQ: SIRI), and TD Ameritrade Holding (NASDAQ: AMTD). As you will see below, we included the stocks and the short interest changes:

Stock…………………… May 29……… May 15………. Change
Dendreon Corporation 10,276,875  8,900,777   15.4%
DryShips Inc………….. 15,081,710  12,539,325   20.2%
E*TRADE Financial…… 90,703,730  73,136,352   24.0%
Flextronics Int’l……….. 17,662,392  13,297,657   32.8%
Garmin Ltd……………… 14,151,556  11,944,727   18.4%
Sirius XM Radio Inc…. 175,742,764  147,358,699  19.2%
TD Ameritrade………… 14,387,359  11,673,228   23.2%

Jon C. Ogg
June 10, 2009