Heaviest Shorted Stocks on the NYSE in September

Wall St. Watchdog reveals a list of the 10 most-shorted stocks on the NYSE as of Sep 15th:

  1. SPDR S & P 500 (NYSE:SPY): This equity had 536,082,542 shares sold short as of Sep 15th, as compared to 500,540,603 on Aug 31st, which represents a change of 35,541,939 shares, or 7.1%. Days to cover for this company is 2 and average daily trading volume is 286,028,677. 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 275,921,520 shares sold short as of Sep 15th, as compared to 251,423,272 on Aug 31st, which represents a change of 24,498,248 shares, or 9.7%. Days to cover for this company is 3 and average daily trading volume is 81,224,199. 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 221,999,356 shares sold short as of Sep 15th, as compared to 211,973,344 on Aug 31st, which represents a change of 10,026,012 shares, or 4.7%. Days to cover for this company is 1 and average daily trading volume is 250,108,650. 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 216,428,000 shares sold short as of Sep 15th, as compared to 170,199,730 on Aug 31st, which represents a change of 46,228,270 shares, or 27.2%. Days to cover for this company is 2 and average daily trading volume is 107,014,632. 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 157,135,464 shares sold short as of Sep 15th, as compared to 148,983,628 on Aug 31st, which represents a change of 8,151,836 shares, or 5.5%. Days to cover for this company is 3 and average daily trading volume is 57,889,738. 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 141,398,929 shares sold short as of Sep 15th, as compared to 125,209,913 on Aug 31st, which represents a change of 16,189,016 shares, or 12.9%. Days to cover for this company is 1 and average daily trading volume is 95,481,906. 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. Pfizer, Inc. Common Stock (NYSE:PFE): This equity had 111,051,039 shares sold short as of Sep 15th, as compared to 91,074,871 on Aug 31st, which represents a change of 19,976,168 shares, or 21.9%. Days to cover for this company is 3 and average daily trading volume is 44,322,514. 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.
  8. Sprint Nextel Corporation Com (NYSE:S): This equity had 105,586,165 shares sold short as of Sep 15th, as compared to 100,248,477 on Aug 31st, which represents a change of 5,337,688 shares, or 5.3%. Days to cover for this company is 2 and average daily trading volume is 53,618,516. About the equity: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  9. Advanced Micro Devices, Inc. C (NYSE:AMD): This equity had 93,724,456 shares sold short as of Sep 15th, as compared to 97,306,499 on Aug 31st, which represents a change of -3,582,043 shares, or -3.7%. Days to cover for this company is 5 and average daily trading volume is 20,472,330. 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.
  10. Nokia Corporation Sponsored Am (NYSE:NOK): This equity had 91,224,212 shares sold short as of Sep 15th, as compared to 95,134,283 on Aug 31st, which represents a change of -3,910,071 shares, or -4.1%. Days to cover for this company is 4 and average daily trading volume is 24,089,483. 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.
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