The 10 Most-Shorted Stocks on the AMEX: NOG, LNG, GBG, NEOP, OPK, NG, VHC, NXG, GSS, VTG

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

  1. Northern Oil and Gas, Inc. Com (AMEX:NOG): This equity had 22,650,533 shares sold short as of Aug 31st, as compared to 23,479,470 on Aug 15th, which represents a change of -828,937 shares, or -3.5%. Days to cover for this company is 21 and average daily trading volume is 1,081,891. About the equity: 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 equity had 17,639,784 shares sold short as of Aug 31st, as compared to 17,455,159 on Aug 15th, which represents a change of 184,625 shares, or 1.1%. Days to cover for this company is 7 and average daily trading volume is 2,497,080. About the equity: 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 equity had 13,465,632 shares sold short as of Aug 31st, as compared to 13,107,877 on Aug 15th, which represents a change of 357,755 shares, or 2.7%. Days to cover for this company is 5 and average daily trading volume is 2,917,536. About the equity: 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. Neoprobe Corporation Common St (AMEX:NEOP): This equity had 12,374,458 shares sold short as of Aug 31st, as compared to 11,847,479 on Aug 15th, which represents a change of 526,979 shares, or 4.4%. Days to cover for this company is 17 and average daily trading volume is 745,501.
  5. Opko Health Inc. Common Stock (AMEX:OPK): This equity had 12,313,459 shares sold short as of Aug 31st, as compared to 12,035,468 on Aug 15th, which represents a change of 277,991 shares, or 2.3%. Days to cover for this company is 14 and average daily trading volume is 858,491. About the equity: Opko Health, Inc. is a specialty pharmaceutical company that researches and develops pharmaceuticals. The Company researches treatments for macular degeneration and other ophthalmic diseases.
  6. Novagold Resources Inc New Ord (AMEX:NG): This equity had 11,424,918 shares sold short as of Aug 31st, as compared to 11,493,664 on Aug 15th, which represents a change of -68,746 shares, or -0.6%. Days to cover for this company is 4 and average daily trading volume is 2,735,045. About the equity: 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. VirnetX Holding Corp Common St (AMEX:VHC): This equity had 11,198,740 shares sold short as of Aug 31st, as compared to 9,939,110 on Aug 15th, which represents a change of 1,259,630 shares, or 12.7%. Days to cover for this company is 5 and average daily trading volume is 2,172,693. About the equity: Virnetx Holding Corporation is developing and commercializing software and technology solutions for securing real-time communications over the Internet.
  8. Northgate Minerals Ltd Common (AMEX:NXG): This equity had 11,186,665 shares sold short as of Aug 31st, as compared to 12,721,260 on Aug 15th, which represents a change of -1,534,595 shares, or -12.1%. Days to cover for this company is 2 and average daily trading volume is 6,342,426. About the equity: Northgate Minerals Corporation is a gold and copper mining company. The Company has mines in areas of Canada and Australia.
  9. Golden Star Resources, Ltd Com (AMEX:GSS): This equity had 10,766,183 shares sold short as of Aug 31st, as compared to 9,400,663 on Aug 15th, which represents a change of 1,365,520 shares, or 14.5%. Days to cover for this company is 3 and average daily trading volume is 3,419,976. About the equity: 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.
  10. Vantage Drilling Company (AMEX:VTG): This equity had 10,232,975 shares sold short as of Aug 31st, as compared to 9,547,345 on Aug 15th, which represents a change of 685,630 shares, or 7.2%. Days to cover for this company is 6 and average daily trading volume is 1,640,644. About the equity: Vantage Drilling Company offers offshore oil and natural gas well drilling services.

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