10 Most-Shorted Stocks on the NASDAQ: SIRI, LVLT, INTC, QQQ, CSCO, MSFT, DELL, MU, ESRX, YHOO, NDAQ

Wall St. Watchdog reveals a list of the 10 most-shorted stocks on the NASDAQ as of Aug 31st. Data are sourced from here.

  1. Sirius XM Radio Inc. (NASDAQ:SIRI): This equity had 266,898,620 shares sold short as of Aug 31st, as compared to 261,844,890 on Aug 15th, which represents a change of 5,053,730 shares, or 1.9%. Days to cover for this company is 3 and average daily trading volume is 103,851,519. About the equity: 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 equity had 185,964,905 shares sold short as of Aug 31st, as compared to 185,547,008 on Aug 15th, which represents a change of 417,897 shares, or 0.2%. Days to cover for this company is 9 and average daily trading volume is 20,041,277. About the equity: 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 equity had 154,476,351 shares sold short as of Aug 31st, as compared to 173,444,175 on Aug 15th, which represents a change of -18,967,824 shares, or -10.9%. Days to cover for this company is 3 and average daily trading volume is 55,493,540. About the equity: 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 equity had 106,400,398 shares sold short as of Aug 31st, as compared to 100,970,918 on Aug 15th, which represents a change of 5,429,480 shares, or 5.4%. Days to cover for this company is 1 and average daily trading volume is 82,489,276. About the equity: 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. Cisco Systems, Inc. (NASDAQ:CSCO): This equity had 93,704,512 shares sold short as of Aug 31st, as compared to 73,498,070 on Aug 15th, which represents a change of 20,206,442 shares, or 27.5%. Days to cover for this company is 2 and average daily trading volume is 61,741,322. About the equity: 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.
  6. Microsoft Corporation (NASDAQ:MSFT): This equity had 89,395,963 shares sold short as of Aug 31st, as compared to 83,224,702 on Aug 15th, which represents a change of 6,171,261 shares, or 7.4%. Days to cover for this company is 1 and average daily trading volume is 60,463,448. About the equity: 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. Dell Inc. (NASDAQ:DELL): This equity had 77,942,515 shares sold short as of Aug 31st, as compared to 72,115,618 on Aug 15th, which represents a change of 5,826,897 shares, or 8.1%. Days to cover for this company is 2 and average daily trading volume is 36,027,582. About the equity: 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.
  8. Micron Technology, Inc. (NASDAQ:MU): This equity had 65,534,640 shares sold short as of Aug 31st, as compared to 66,014,395 on Aug 15th, which represents a change of -479,755 shares, or -0.7%. Days to cover for this company is 2 and average daily trading volume is 38,219,384. About the equity: 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 equity had 65,413,205 shares sold short as of Aug 31st, as compared to 60,529,578 on Aug 15th, which represents a change of 4,883,627 shares, or 8.1%. Days to cover for this company is 9 and average daily trading volume is 7,261,713. About the equity: 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 equity had 65,057,035 shares sold short as of Aug 31st, as compared to 58,221,989 on Aug 15th, which represents a change of 6,835,046 shares, or 11.7%. Days to cover for this company is 3 and average daily trading volume is 24,977,776. About the equity: 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.

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