NEW YORK, July 10 (Reuters) - Short interest on the New York Stock Exchange
rose 2.7 percent in late June, the exchange said on Thursday, hitting a fresh
high and suggesting an increase in bearish sentiment in the stock market. For
story please see [ID:nN10479542].
Below are the five NYSE stocks that experienced the largest increases and
decreases in their short positions from mid-June to late June, according to
information released by the exchange.
The five companies with the largest overall short positions are also
listed.
The latest data is as of June 30, while the previous period's data is as of
June 13.
Company June 30 June 13 Net Change Pct Change
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FIVE BIGGEST INCREASES:
Wachovia Corp WB.N 235,147,056 177,251,623 57,895,433 32.7
General Motors GM.N 152,943,729 120,183,827 32,759,902 27.3
Telmex (TII.N) 30,933,612 6,228,669 24,704,943 396.6
Washington Mutual (WM.N) 276,393,184 254,769,653 21,623,531 8.5
Bank of America (BAC.N) 101,494,912 82,651,183 18,843,729 22.8
FIVE BIGGEST DECREASES:
Loews Corp (L.N) 37,762,530 60,099,268 -22,336,738 -37.2
UBS AG (UBS.N) 14,385,074 29,815,775 -15,430,701 -51.8
Lorillard (LO.N) 8,194,035 22,060,069 -13,866,034 -62.9
Circuit City CC.N 25,246,390 32,728,877 -7,482,487 -22.9
JP Morgan Chase (JPM.N) 55,601,209 62,988,039 -7,386,830 -11.7
FIVE BIGGEST SHORT POSITIONS:
Ford Motor (F.N) 317,066,331 317,623,610 -557,279 -0.2
Washington Mutual (WM.N) 276,393,184 254,769,653 21,623,531 8.5
Wachovia Corp WB.N 235,147,056 177,251,623 57,895,433 32.7
National City Corp NCC.N 159,189,902 153,653,564 5,536,338 3.6
General Motors GM.N 152,943,729 120,183,827 32,759,902 27.3
Source: NYSE data as of June 30, Reuters Estimates
(Reporting by Emily Chasan)
