Sirius XM Holdings Inc. (NASDAQ: SIRI) saw its short interest rise by 0.9% to 318.2 million shares, about 11.5% of the stock’s float. Days to cover is now six. The stock rose about 3.8% in the two-week period to June 30 and closed at $3.38 Thursday night, up another 0.9%. The 52-week range is $2.98 to $4.18. The share price has dropped 2.3% since July 1.
For Intel Corp. (NASDAQ: INTC), short interest fell 4.6% to 174.35 million shares. About 3.5% of Intel’s float is now short and days to cover is five. The stock’s price rose about 3.5% during the two-week period, and it is up more than 21% year-to-date. The stock closed at $31.26 Thursday, in a 52-week range of $21.89 to $31.36. Shares have risen about 0.9% since July 1.
Short interest in Frontier Communications Corp. (NASDAQ: FTR) rose 0.3% in the two-week period to June 30. Some 171.9 million shares are currently held short, representing 17.3% of the company’s float and a days-to-cover number of 21. The company’s famously generous dividend yield has slipped to 7% from more than 8% in late February. Shares closed at $5.73, in a 52-week range of $3.99 to $6.10. They posted a share price increase of about 3.5% for the two-week short-interest period. Since July 1 the stock has lost nearly 2%.
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Micron Technology Inc. (NASDAQ: MU) has 121.76 million shares held short, up 4.1% from the number held short on June 15 and 11.5% of the company’s float. Days to cover is four for the heavily traded stock. Shares rose 5.7% in the two-week period to June 30, and they are up more than 51% year-to-date. Shares closed at $32.77 on Thursday, in a 52-week range of $12.31 to $34.50. The share price has dropped more than 3.5% since July 1.
Apple Inc. (NASDAQ: AAPL) remained in the top five shorted stocks on the Nasdaq, but the number of shares held short fell by 10% to 112.31 million. Days to cover is two, and just 1.9% of Apple’s shares are held short. The stock price has risen just 2% in the two-week period to June 30, and shares closed at $95.04 on Thursday, in a 52-week range of $59.75 to $96.80. Since July 1, the shares are up about 1.6%.
Gilead Sciences Inc. (NASDAQ: GILD) experienced a rise of 1.6% in short interest during the two-week period to June 30. Some 6.1% of the company’s shares are held short and days to cover is 10. The stock’s price is up 2.7% in the two-week period and more than 18% year-to-date. Shares closed at $88.94, after posting a new 52-week high of $89.25 earlier in the day. The 52-week low is $55.76, and shares are up more than 4% since July 1.
Short interest in BlackBerry Ltd. (NASDAQ: BBRY) fell 3.8% in the final two weeks of June to a total of 93.66 million shares, or 19.2% of BlackBerry’s float. Days to cover is three for this highly volatile stock. Short sellers watched share prices rise nearly 30% in the two-week period, a nice set-up for those who believe the stock cannot maintain the current high prices. Shares closed at $11.42 Thursday, in a 52-week range of $5.44 to $12.18, and are up nearly 50% year-to-date. Since July 1, shares are up about 8.6%.
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