Most-Shorted AMEX Stocks As September Ended

Wall St. Watchdog reveals a list of the 10 most-shorted stocks on the AMEX as of Sep 30th:

  1. Northern Oil and Gas, Inc. Com (AMEX:NOG): This company had 21,486,949 shares sold short as of Sep 30th, as compared to 22,671,185 on Sep 15th, which represents a change of -1,184,236 shares, or -5.2%. Days to cover for this company is 18 and average daily trading volume is 1,220,077. About the company: Northern Oil and Gas, Inc. is an oil and gas exploration and production company. The Company is currently focused on the Rocky Mountain regions of the United States.
  2. Cheniere Energy, Inc. Common S (AMEX:LNG): This company had 17,410,043 shares sold short as of Sep 30th, as compared to 17,246,662 on Sep 15th, which represents a change of 163,381 shares, or 0.9%. Days to cover for this company is 6 and average daily trading volume is 2,782,241. About the company: Cheniere Energy, Inc., through subsidiaries, develops liquefied natural gas terminals, and explores for oil and natural gas. The Company explores for oil and gas in the Gulf of Mexico.
  3. Great Basin Gold, Ltd. Common (AMEX:GBG): This company had 13,364,661 shares sold short as of Sep 30th, as compared to 13,771,148 on Sep 15th, which represents a change of -406,487 shares, or -3.0%. Days to cover for this company is 5 and average daily trading volume is 2,683,805. About the company: Great Basin Gold Limited explores and develops gold properties. The Company prospects for gold in the Witwatersrand Basin in South Africa and the Carlin Trend in Nevada.
  4. Golden Star Resources, Ltd Com (AMEX:GSS): This company had 13,099,985 shares sold short as of Sep 30th, as compared to 13,105,525 on Sep 15th, which represents a change of -5,540 shares, or …%. Days to cover for this company is 3 and average daily trading volume is 4,548,082. About the company: Golden Star Resources Ltd. is a mid-tier gold mining company. The Company’s operating mines are situated along the Ashanti Gold Belt in Ghana, West Africa.
  5. Novagold Resources Inc New Ord (AMEX:NG): This company had 12,447,437 shares sold short as of Sep 30th, as compared to 12,457,834 on Sep 15th, which represents a change of -10,397 shares, or -0.1%. Days to cover for this company is 3 and average daily trading volume is 3,926,886. About the company: NovaGold Resources Inc. is a mineral exploration company. The Company, through its subsidiaries, explores and develops mineral properties in North America. NovaGold primarily focuses on gold properties, which may include copper, silver and zinc resources.
  6. VirnetX Holding Corp Common St (AMEX:VHC): This company had 11,887,722 shares sold short as of Sep 30th, as compared to 11,721,471 on Sep 15th, which represents a change of 166,251 shares, or 1.4%. Days to cover for this company is 12 and average daily trading volume is 1,003,138. About the company: Virnetx Holding Corporation is developing and commercializing software and technology solutions for securing real-time communications over the Internet.
  7. Neoprobe Corporation Common St (AMEX:NEOP): This company had 11,644,121 shares sold short as of Sep 30th, as compared to 11,968,945 on Sep 15th, which represents a change of -324,824 shares, or -2.7%. Days to cover for this company is 24 and average daily trading volume is 484,359.
  8. Rentech, Inc. Common Stock (AMEX:RTK): This company had 11,289,986 shares sold short as of Sep 30th, as compared to 11,028,697 on Sep 15th, which represents a change of 261,289 shares, or 2.4%. Days to cover for this company is 11 and average daily trading volume is 1,073,631. About the company: Rentech, Inc. develops and licenses a proprietary and patented process for the conversion of carbon-bearing gases, liquids, and solids into liquid hydrocarbon products. These products include clean burning diesel fuel, naphthas, waxes, petrochemical feedstocks and synthetic lubricant base stock. Rentech’s primary business is licensing this process.
  9. Paramount Gold and Silver Corp (AMEX:PZG): This company had 10,202,123 shares sold short as of Sep 30th, as compared to 9,334,462 on Sep 15th, which represents a change of 867,661 shares, or 9.3%. Days to cover for this company is 5 and average daily trading volume is 1,916,059. About the company: Paramount Gold and Silver Corporation explores for precious metals in Mexico.
  10. Vantage Drilling Company (AMEX:VTG): This company had 10,088,289 shares sold short as of Sep 30th, as compared to 10,173,166 on Sep 15th, which represents a change of -84,877 shares, or -0.8%. Days to cover for this company is 7 and average daily trading volume is 1,551,617. About the company: Vantage Drilling Company offers offshore oil and natural gas well drilling services.

(HERE” target=_blank>DATA ARE SOURCED FROM HERE.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>