The 10 Most-Shorted NYSE Stocks in August

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

  1. SPDR S & P 500 (NYSE:SPY): This company had 532,574,789 shares sold short as of Aug 15th, as compared to 337,973,094 on Jul 29th, which represents a change of 194,601,695 shares, or 57.6%. Days to cover for this company is 1 and average daily trading volume is 487,543,550. About the company: 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 company had 236,077,192 shares sold short as of Aug 15th, as compared to 222,936,532 on Jul 29th, which represents a change of 13,140,660 shares, or 5.9%. Days to cover for this company is 2 and average daily trading volume is 131,811,615. About the company: 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. SPDR Select Sector Fund – Fina (NYSE:XLF): This company had 166,507,912 shares sold short as of Aug 15th, as compared to 94,636,980 on Jul 29th, which represents a change of 71,870,932 shares, or 75.9%. Days to cover for this company is 1 and average daily trading volume is 172,826,465. About the company: 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.
  4. Ford Motor Company Common Stoc (NYSE:F): This company had 145,918,736 shares sold short as of Aug 15th, as compared to 148,443,639 on Jul 29th, which represents a change of -2,524,903 shares, or -1.7%. Days to cover for this company is 1 and average daily trading volume is 120,977,636. About the company: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  5. Bank of America Corporation Co (NYSE:BAC): This company had 141,893,578 shares sold short as of Aug 15th, as compared to 131,937,512 on Jul 29th, which represents a change of 9,956,066 shares, or 7.5%. Days to cover for this company is 0 and average daily trading volume is 358,631,997. About the company: 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.
  6. General Electric Company Commo (NYSE:GE): This company had 102,659,055 shares sold short as of Aug 15th, as compared to 64,607,705 on Jul 29th, which represents a change of 38,051,350 shares, or 58.9%. Days to cover for this company is 1 and average daily trading volume is 116,674,426. About the company: 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 company had 102,570,728 shares sold short as of Aug 15th, as compared to 102,114,988 on Jul 29th, which represents a change of 455,740 shares, or 0.4%. Days to cover for this company is 4 and average daily trading volume is 28,824,693. About the company: 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 company had 100,924,880 shares sold short as of Aug 15th, as compared to 111,996,756 on Jul 29th, which represents a change of -11,071,876 shares, or -9.9%. Days to cover for this company is 2 and average daily trading volume is 47,663,099. About the company: 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. Sprint Nextel Corporation Com (NYSE:S): This company had 90,604,672 shares sold short as of Aug 15th, as compared to 92,710,065 on Jul 29th, which represents a change of -2,105,393 shares, or -2.3%. Days to cover for this company is 1 and average daily trading volume is 98,379,455. About the company: 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.
  10. Frontier Communications Corpor (NYSE:FTR): This company had 90,056,754 shares sold short as of Aug 15th, as compared to 93,153,368 on Jul 29th, which represents a change of -3,096,614 shares, or -3.3%. Days to cover for this company is 4 and average daily trading volume is 23,381,125. About the company: 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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