NEW YORK, June 24 (Reuters) - Short interest on the Nasdaq rose 0.7 percent in mid-June, Nasdaq said on Wednesday, suggesting a slight increase in bearish sentiment in the stock market. For story please see [ID:nN24222733].
Below are the five Nasdaq stocks that experienced the largest increases and decreases in their short positions from late May to mid-June, according to information released by the exchange.
The five companies with the largest overall short positions are also listed. COMPANY CURRENT PERIOD EARLIER PERIOD NET CHANGE PCT CHANGE ----------------------------------------------------------------------------- FIVE BIGGEST NET INCREASES: Microsoft Corp70,653,406 57,128,508 13,524,898 23.67 Dell Inc 52,545,129 40,126,065 12,419,064 30.95 JetBlue Airways 31,112,395 19,504,453 11,607,942 59.51 Cisco Systems Inc 51,816,216 43,894,353 7,921,863 18.05 Marvell Tech Group 23,900,011 17,030,259 6,869,752 40.34 FIVE BIGGEST NET DECREASES: Fifth Third Bancorp 51,318,221 62,891,722 -11,573,501 -18.4 Sirius XM Radio 164,973,349 175,742,764 -10,769,415 -6.13 Yahoo! Inc 50,894,385 56,973,918 -6,079,533 -10.67 KLA-Tencor Corp 11,810,700 16,877,489 -5,066,789 -30.02 Huntington Bncshrs 34,067,233 38,984,428 -4,917,195 -12.61 FIVE BIGGEST POSITIONS: Sirius XM Radio 164,973,349 175,742,764 -10,769,415 -6.13 Level 3 Comms Inc 115,070,735 110,642,307 4,428,428 4.00 Intel Corporation 89,400,978 88,179,348 1,221,630 1.39 E*TRADE Financial 86,644,307 90,703,730 -4,059,423 -4.48 Mylan Inc 73,103,014 67,961,315 5,141,699 7.57 Source: Nasdaq data as of June 15, Reuters Estimates
Our Standards: The Thomson Reuters Trust Principles.