Investing
Actively Traded Stock Market Shares Get Some Short Action
Published:
Last Updated:
General Electric Co. (NYSE: GE) short interest rose 0.9% to 84.66 million shares. About 0.8% of GE’s float is now short.
Nokia Corp. (NYSE: NOK) saw short interest rise 2.5% to 234.88 million shares, about 6.3% of the company’s total float.
Bank of America Corp. (NYSE: BAC) short interest fell 6.6% to 114.85 million shares, which represents 1.1% of the company’s float.
Verizon Communications Inc. (NYSE: VZ) saw a 7% rise in short interest to 48.45 million shares, or around 1.7% of the firm’s float.
Alpha Natural Resources Inc. (NYSE: ANR) showed a rise of 11.3% in short interest, to 42.47 million shares, about 19.4% of Alpha’s float.
McDonald’s Corp. (NYSE: MCD) showed a drop of 0.2% in short interest, to 9.13 million shares, about 0.9% of the company’s float.
Apple Inc. (NASDAQ: AAPL) saw short interest rise 18.6% to 27.73 million shares, or 3% of the company’s float.
BlackBerry (NASDAQ: BBRY) saw short interest rise by 1% to 184.42 million shares, or 37.3% of the total float. Short interest continues to be reported under the company’s previous name, Research In Motion, but the stock symbol has been changed to BBRY.
Microsoft Corp. (NASDAQ: MSFT) posted a 17.6% decrease in short interest, to 78.14 million shares, around 1% of Microsoft’s float.
Dell Inc. (NASDAQ: DELL) short interest rose by 3.3% to 24.15 million shares. That was about 1.6% of the company’s float.
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) saw short interest increase by 1.3% to 28.6 million shares, or 23.4% of the company’s float.
Cisco Systems Inc. (NASDAQ: CSCO) short interest fell by 13.9% to 51.22 million shares, or about 1% of the company’s float.
Short interest in Apple jumped again in this two-week period. The shares hit a monthly low of about $394 on June 27. Shares have risen since then, closing last night at around $420. Look for shorts to slowly back off.
Short sellers are moving back in on coal miner Alpha Natural Resources. No surprise there. It is just a question of how low Alpha Natural and the other coal miners can go.
Finally, Microsoft posted a monthly low on June 23, but the stock is up more than 25% since the beginning of the year. Shorts might have gotten caught, um, short on this one.
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: are you ahead, or behind on your retirement goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With SmartAsset’s free tool, you can connect with vetted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.