10 Most-Shorted NASDAQ Stocks at the Close of July

Following is a list of the 10 most-shorted stocks on the NASDAQ as of Jul 29th:

  1. Sirius XM Radio Inc. (NASDAQ:SIRI): This company had 295,983,703 shares sold short as of Jul 29th, as compared to 274,572,534 on Jul 15th, which represents a change of 21,411,169 shares, or 7.8%. Days to cover for this company is 5 and average daily trading volume is 64,234,999. About the company: Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
  2. Level 3 Communications, Inc. (NASDAQ:LVLT): This company had 167,071,809 shares sold short as of Jul 29th, as compared to 160,956,460 on Jul 15th, which represents a change of 6,115,349 shares, or 3.8%. Days to cover for this company is 7 and average daily trading volume is 23,480,482. About the company: Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.
  3. Intel Corporation (NASDAQ:INTC): This company had 100,307,976 shares sold short as of Jul 29th, as compared to 119,773,443 on Jul 15th, which represents a change of -19,465,467 shares, or -16.3%. Days to cover for this company is 2 and average daily trading volume is 51,833,862. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
  4. PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): This company had 90,257,953 shares sold short as of Jul 29th, as compared to 105,845,629 on Jul 15th, which represents a change of -15,587,676 shares, or -14.7%. Days to cover for this company is 1 and average daily trading volume is 62,167,837. About the company: PowerShares QQQ is an exchange-traded fund incorporated in the USA. The Fund represents undivided ownership interests in the PowerShares QQQ. The Fund’s objective is to provide investment results that generally correspond to the price and yield performance of the component securities of the Nasdaq 100 Index.
  5. Dell Inc. (NASDAQ:DELL): This company had 77,673,467 shares sold short as of Jul 29th, as compared to 80,984,759 on Jul 15th, which represents a change of -3,311,292 shares, or -4.1%. Days to cover for this company is 4 and average daily trading volume is 20,911,925. About the company: Dell Inc. offers a wide range of computers and related products. The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services. Dell serves consumers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
  6. Microsoft Corporation (NASDAQ:MSFT): This company had 74,416,322 shares sold short as of Jul 29th, as compared to 75,135,797 on Jul 15th, which represents a change of -719,475 shares, or -1.0%. Days to cover for this company is 1 and average daily trading volume is 78,432,183. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  7. Cisco Systems, Inc. (NASDAQ:CSCO): This company had 73,159,075 shares sold short as of Jul 29th, as compared to 71,202,394 on Jul 15th, which represents a change of 1,956,681 shares, or 2.8%. Days to cover for this company is 1 and average daily trading volume is 60,714,109. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  8. Micron Technology, Inc. (NASDAQ:MU): This company had 61,391,878 shares sold short as of Jul 29th, as compared to 56,463,084 on Jul 15th, which represents a change of 4,928,794 shares, or 8.7%. Days to cover for this company is 2 and average daily trading volume is 36,279,472. About the company: Micron Technology, Inc., through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules.
  9. Express Scripts, Inc. – Class A Common Stock (NASDAQ:ESRX): This company had 54,954,687 shares sold short as of Jul 29th, as compared to 38,609,665 on Jul 15th, which represents a change of 16,345,022 shares, or 42.3%. Days to cover for this company is 3 and average daily trading volume is 16,598,029. About the company: Express Scripts, Inc is a full service pharmacy benefit management and specialty managed care company serving clients throughout North America. The Company’s customers include managed care organizations, insurance carriers, third party administrators, employers, and union-sponsored benefit plans. Express provides pharmacy network management, formulary management, and other services.
  10. Yahoo! Inc. (NASDAQ:YHOO): This company had 53,312,782 shares sold short as of Jul 29th, as compared to 52,771,196 on Jul 15th, which represents a change of 541,586 shares, or 1.0%. Days to cover for this company is 2 and average daily trading volume is 32,580,705. About the company: Yahoo! Inc. is a global Internet media company that offers an online guide to Web navigation, aggregated information content, communication services, and commerce. The Company’s site includes a hierarchical, subject-based directory of Web sites, which enables users to locate and access information and services through hypertext links included in the directory.
Data are sourced from here.

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