The 10 Most Heavily Shorted Stocks on the American Stock Exchange

Following are the 10 most-shorted stocks on the American Stock Exchange:

  1. Northern Oil and Gas, Inc. (AMEX:NOG): 35.9% of its float is sold short.  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. Kodiak Oil & Gas Corp. (AMEX:KOG): 11.4% of its float is sold short.  About the company:  Kodiak Oil & Gas Corporation explores for oil and natural gas in the western United States.
  3. Great Basin Gold, Ltd. (AMEX:GBG): 3.8% of its float is sold short.  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. Cheniere Energy, Inc. (AMEX:LNG): 22.5% of its float is sold short.  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.
  5. HyperDynamics Corporation (AMEX:HDY): 10.3% of its float is sold short.  About the company:  Hyperdynamics Corp. is a Houston-based company whose operations include two wholly owned subsidiaries, SCS Corporation and HYD Resources, which are focused on oil and gas exploration.
  6. Novagold Resources, Inc. (AMEX:NG): 6.3% of its float is sold short.  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.
  7. Rentech, Inc. (AMEX:RTK): 4.6% of its float is sold short.  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 sythetic lubricant base stock.  Rentech’s primary business is licensing this process.
  8. Northgate Minerals Ltd. (AMEX:NXG): 3.3% of its float is sold short.  About the company:  Northgate Minerals Corporation is a gold and copper mining company.  The Company has mines in areas of Canada and Australia.
  9. Uranium Energy Corp. (AMEX:UEC): 14.5% of its float is sold short.  About the company:  Uranium Energy Corporation explores for and develops uranium resources in the southwestern United States.
  10. North American Palladium, Ltd. (AMEX:PAL): 6.6% of its float is sold short.  About the company: North American Palladium Ltd. is a mineral exploration and production company.  The Company is focused on growing its production of palladium and gold in mining-friendly jurisdictions throughout Canada.  North American Palladium’s flagship mine is the Lac des Iles mine located northwest of Thunder Bay, Ontario, and it also owns the Sleeping Giant gold mine located in Quebec.

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