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