Top 10 Most-Shorted Stocks on the NYSE

Wall St. Watchdog generated a list of the 10 most-shorted stocks on the NYSE as of Jun 30th:

  1. SPDR S & P 500 (NYSE:SPY): This company had 375,482,136 shares sold short as of Jun 30th, as compared to 375,482,136 on Jun 15th, which represents a change of -31,211,687 shares, or -8.3%. Days to cover for this company is 2 and average daily trading volume is 221,384,511. 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 250,464,730 shares sold short as of Jun 30th, as compared to 250,464,730 on Jun 15th, which represents a change of -18,233,923 shares, or -7.3%. Days to cover for this company is 3 and average daily trading volume is 67,696,160. 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. Ford Motor Company Common Stoc (NYSE:F): This company had 160,250,054 shares sold short as of Jun 30th, as compared to 160,250,054 on Jun 15th, which represents a change of 146,424 shares, or 0.1%. Days to cover for this company is 2 and average daily trading volume is 64,888,390. 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. Competitors to Watch: General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM), Honda Motor CO., Ltd. (NYSE:HMC), AutoZone (NYSE:AZO), CarMax (NYSE:KMX), Tesla Motors Inc (NASDAQ:TSLA), Tata Motors Limited (NYSE:TTM), Spartan Motors (NASDAQ:SPAR) and Navistar Intl. Corp. (NYSE:NAV).
  4. SPDR Select Sector Fund – Fina (NYSE:XLF): This company had 130,257,702 shares sold short as of Jun 30th, as compared to 130,257,702 on Jun 15th, which represents a change of -19,134,800 shares, or -14.7%. Days to cover for this company is 1 and average daily trading volume is 79,561,160. 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.
  5. Bank of America Corporation Co (NYSE:BAC): This company had 98,203,578 shares sold short as of Jun 30th, as compared to 98,203,578 on Jun 15th, which represents a change of 10,089,464 shares, or 10.3%. Days to cover for this company is 1 and average daily trading volume is 163,078,773. 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. Competitors to Watch: Citigroup (NYSE:C), Deutsche Bank (NYSE:DB), JPMorgan Chase (NYSE:JPM), HSBC (NYSE:HBC), Metlife (NYSE:MET), PNC (NYSE:PNC), U.S. Bancorp (NYSE:USB), Financials (NYSE:XLF) and Wells Fargo & Company (NYSE:WFC).
  6. Nokia Corporation Sponsored Am (NYSE:NOK): This company had 114,821,965 shares sold short as of Jun 30th, as compared to 114,821,965 on Jun 15th, which represents a change of -7,579,224 shares, or -6.6%. Days to cover for this company is 4 and average daily trading volume is 29,573,471. 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.
  7. Frontier Communications Corpor (NYSE:FTR): This company had 88,928,777 shares sold short as of Jun 30th, as compared to 88,928,777 on Jun 15th, which represents a change of -4,886,788 shares, or -5.5%. Days to cover for this company is 8 and average daily trading volume is 10,285,560. 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.
  8. Advanced Micro Devices, Inc. C (NYSE:AMD): This company had 68,981,780 shares sold short as of Jun 30th, as compared to 68,981,780 on Jun 15th, which represents a change of 14,589,735 shares, or 21.2%. Days to cover for this company is 3 and average daily trading volume is 26,481,712. 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. Competitors to Watch: Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA), MIPS Technologies, Inc. (NASDAQ:MIPS), Texas Instruments Inc. (NYSE:TXN), ARM Holdings plc (NASDAQ:ARMH), Microsoft Corporation (NASDAQ:MSFT), Intl. Business Machines Corp. (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ), Broadcom Corporation (NASDAQ:BRCM), and Apple Inc. (NASDAQ:AAPL).
  9. Sprint Nextel Corporation Com (NYSE:S): This company had 83,972,250 shares sold short as of Jun 30th, as compared to 83,972,250 on Jun 15th, which represents a change of -2,717,298 shares, or -3.2%. Days to cover for this company is 2 and average daily trading volume is 46,697,238. 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. Competitors to Watch: AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Clearwire Corporation (NASDAQ:CLWR), Deutsche Telekom AG (DTEGY), MetroPCS Communications, Inc. (NYSE:PCS), Leap Wireless Intl., Inc. (NASDAQ:LEAP), NTELOS Holdings Corp. (NASDAQ:NTLS), United States Cellular Corp. (NYSE:USM), Telephone & Data Systems, Inc. (NYSE:TDS), and CenturyLink, Inc. (NYSE:CTL).
  10. EMC Corporation Common Stock (NYSE:EMC): This company had 80,634,699 shares sold short as of Jun 30th, as compared to 80,634,699 on Jun 15th, which represents a change of -1,978,530 shares, or -2.5%. Days to cover for this company is 4 and average daily trading volume is 20,682,676. About the company: EMC Corporation provides enterprise storage systems, software, networks, and services. The Company’s products store, retrieve, manage, protect, and share information from all major computing environments and mainframe platforms. EMC operates offices around the world. Competitors to Watch: NetApp Inc. (NASDAQ:NTAP), Dot Hill Systems Corp. (NASDAQ:HILL), Western Digital Corp. (NYSE:WDC), Quantum Corporation (NYSE:QTM), Overland Storage, Inc. (NASDAQ:OVRL), Hewlett-Packard Company (NYSE:HPQ), Xyratex Ltd. (NASDAQ:XRTX), ADPT Corporation (ADPT), Intl. Business Machines Corp. (NYSE:IBM), and Brocade Communications Systems, Inc. (NASDAQ:BRCD).
Data are sourced from here.