10 NYSE Stocks Investors Hate Now: SPY, IWM, BAC, XLF, GE, F, AMD, NOK, PFE, FTR

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

  1. SPDR S & P 500 (NYSE:SPY): This equity had 500,181,654 shares sold short as of Aug 31st, as compared to 532,574,789 on Aug 15th, which represents a change of -32,393,135 shares, or -6.1%. Days to cover for this company is 2 and average daily trading volume is 307,301,076. About the equity: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.
  2. iShares Russell 2000 (NYSE:IWM): This equity had 251,423,272 shares sold short as of Aug 31st, as compared to 236,077,192 on Aug 15th, which represents a change of 15,346,080 shares, or 6.5%. Days to cover for this company is 3 and average daily trading volume is 78,814,067. About the equity: iShares Russell 2000 Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell 2000 Index Fund. The Index measures the performance of the small-capitalization sector of the U.S. equity market. The Fund uses a Representative Sampling strategy to try to track the Index.
  3. Bank of America Corporation Co (NYSE:BAC): This equity had 211,917,374 shares sold short as of Aug 31st, as compared to 141,893,578 on Aug 15th, which represents a change of 70,023,796 shares, or 49.3%. Days to cover for this company is 1 and average daily trading volume is 404,319,030. About the equity: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  4. SPDR Select Sector Fund – Fina (NYSE:XLF): This equity had 168,884,793 shares sold short as of Aug 31st, as compared to 166,507,912 on Aug 15th, which represents a change of 2,376,881 shares, or 1.4%. Days to cover for this company is 1 and average daily trading volume is 119,137,190. About the equity: Financial Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective is to provide investment results that, before expenses, correspond to the performance of The Financial Select Sector. The Index includes financial services firms whose business’ range from investment management to commercial & business banking.
  5. Ford Motor Company Common Stoc (NYSE:F): This equity had 148,983,628 shares sold short as of Aug 31st, as compared to 145,918,736 on Aug 15th, which represents a change of 3,064,892 shares, or 2.1%. Days to cover for this company is 2 and average daily trading volume is 61,390,249. About the equity: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  6. General Electric Company Commo (NYSE:GE): This equity had 125,208,366 shares sold short as of Aug 31st, as compared to 102,659,055 on Aug 15th, which represents a change of 22,549,311 shares, or 22.0%. Days to cover for this company is 2 and average daily trading volume is 66,887,692. About the equity: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  7. Advanced Micro Devices, Inc. C (NYSE:AMD): This equity had 97,280,101 shares sold short as of Aug 31st, as compared to 102,570,728 on Aug 15th, which represents a change of -5,290,627 shares, or -5.2%. Days to cover for this company is 4 and average daily trading volume is 22,148,148. About the equity: Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.
  8. Nokia Corporation Sponsored Am (NYSE:NOK): This equity had 95,077,098 shares sold short as of Aug 31st, as compared to 100,924,880 on Aug 15th, which represents a change of -5,847,782 shares, or -5.8%. Days to cover for this company is 3 and average daily trading volume is 35,495,548. About the equity: Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.
  9. Pfizer, Inc. Common Stock (NYSE:PFE): This equity had 91,062,637 shares sold short as of Aug 31st, as compared to 77,039,926 on Aug 15th, which represents a change of 14,022,711 shares, or 18.2%. Days to cover for this company is 2 and average daily trading volume is 48,828,149. About the equity: Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company’s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.
  10. Frontier Communications Corpor (NYSE:FTR): This equity had 90,708,130 shares sold short as of Aug 31st, as compared to 90,056,754 on Aug 15th, which represents a change of 651,376 shares, or 0.7%. Days to cover for this company is 6 and average daily trading volume is 14,965,376. About the equity: Frontier Communications Corporation provides communications services to rural areas and small and medium-sized towns and cities. The Company offers a variety of voice, data, and Internet, and television services.

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