Traders Shorted These NYSE Stocks The Most in October

Wall St. Watchdog reveals a list of the 10 most-shorted stocks on the NYSE as of Oct 14th:

  1. SPDR S&P 500 (NYSE:SPY): This equity had 473,602,664 shares sold short as of Oct 14th, as compared to 438,057,877 on Sep 30th, which represents a change of 35,544,787 shares, or 8.1%. Days to cover for this company is 2 and average daily trading volume is 282,411,622. About the equity: 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 equity had 261,368,976 shares sold short as of Oct 14th, as compared to 277,132,414 on Sep 30th, which represents a change of -15,763,438 shares, or -5.7%. Days to cover for this company is 3 and average daily trading volume is 91,645,195. About the equity: 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 equity had 230,186,269 shares sold short as of Oct 14th, as compared to 220,314,788 on Sep 30th, which represents a change of 9,871,481 shares, or 4.5%. Days to cover for this company is 2 and average daily trading volume is 135,804,195. About the equity: 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. Bank of America Corporation Co (NYSE:BAC): This equity had 201,261,805 shares sold short as of Oct 14th, as compared to 204,026,911 on Sep 30th, which represents a change of -2,765,106 shares, or -1.4%. Days to cover for this company is 1 and average daily trading volume is 287,911,838. About the equity: 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.
  5. Ford Motor Company Common Stoc (NYSE:F): This equity had 147,737,206 shares sold short as of Oct 14th, as compared to 141,316,336 on Sep 30th, which represents a change of 6,420,870 shares, or 4.5%. Days to cover for this company is 2 and average daily trading volume is 76,357,653. About the equity: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  6. General Electric Company Commo (NYSE:GE): This equity had 98,502,441 shares sold short as of Oct 14th, as compared to 112,659,844 on Sep 30th, which represents a change of -14,157,403 shares, or -12.6%. Days to cover for this company is 1 and average daily trading volume is 67,001,111. About the equity: 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. iShares MSCI Emerging Index Fu (NYSE:EEM): This equity had 94,241,216 shares sold short as of Oct 14th, as compared to 92,050,692 on Sep 30th, which represents a change of 2,190,524 shares, or 2.4%. Days to cover for this company is 1 and average daily trading volume is 89,036,372. About the equity: iShares MSCI Emerging Markets Index is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the MSCI TR Emerging Markets Index. The Fund will concentrate its investments in a particular industry or geographic region to approximately the same extent the Index is so concentrated.
  8. Sprint Nextel Corporation Com (NYSE:S): This equity had 90,797,370 shares sold short as of Oct 14th, as compared to 92,813,808 on Sep 30th, which represents a change of -2,016,438 shares, or -2.2%. Days to cover for this company is 1 and average daily trading volume is 140,450,409. About the equity: 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.
  9. Cemex, S.A.B. de C.V. Sponsore (NYSE:CX): This equity had 90,653,584 shares sold short as of Oct 14th, as compared to 84,251,848 on Sep 30th, which represents a change of 6,401,736 shares, or 7.6%. Days to cover for this company is 4 and average daily trading volume is 23,624,059. About the equity: Cemex SAB de CV is a building products company. The Company produces, distributes, and markets cement, ready-mix concrete, aggregates, and related building materials. Cemex operates throughout the Americas, Europe, Africa, the Middle East, and Asia.
  10. Nokia Corporation Sponsored Am (NYSE:NOK): This equity had 85,447,613 shares sold short as of Oct 14th, as compared to 86,928,523 on Sep 30th, which represents a change of -1,480,910 shares, or -1.7%. Days to cover for this company is 4 and average daily trading volume is 22,669,894. About the equity: 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.

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