Investing
Short Interest Up In Financials, Mixed In Tech (FRE)(CIT)(EBAY)(INTC)
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Short interest in a number of major financial firms rose for the period ending October 15.
Shares short in Citigroup (NYSE:C) rose 51% to 178.1 million. The short interest in CIT (NYSE:CIT) was up 21% to 85.6 million. Share sold short in Freddie Mac (NYSE:FRE) were up 14% to 71.5 million. Shares short in Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM) were fairly flat.
Shares sold short in Microsoft (NASDAQ:MSFT) dropped 7% to 76.1%. The short interest in Dell (NASDAQ:DELL) dropped 7% to 38.4 milion. Shares sold short in Yahoo! (NASDAQ:YHOO) and eBay (NYSE:EBAY) also dropped.
The short interest in Intel (NASDAQ:INTC) rose 19% to 60.1 million. Shares short in Cisco (NASDAQ:CSCO) were up 17% to 47.2 million. Shares short in Symantec (NASDAQ:SYMC) were up 15% to 25.2%.
Source: NYSE and NASDAQ.
Douglas A. McIntyre
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