Short Sellers Cautious on Large Cap Stocks (GE, NOK, BAC, VZ, ANR, MCD, AAPL, RIMM, MSFT, DELL, GMCR, CSCO)December 27, 2012 by Paul Ausick
General Electric Co. (NYSE: GE) short interest fell 2.1% to 66.4 million shares, or about 0.6% of Intel’s float is now short.
Nokia Corp. (NYSE: NOK) saw short interest fall by 4.8% to 280.9 million shares, about 7.5% of the company’s total float.
Bank of America Corp. (NYSE: BAC) short interest fell 0.2% to 208.34 million shares, which represents 1.9% of the company’s float.
Verizon Communications Inc. (NYSE: VZ) saw a 15.4% rise in short interest to 51.97 million shares, which represents about 1.8% of the firm’s float.
Alpha Natural Resources Inc. (NYSE: ANR) showed a drop of 5.3% in short interest, to 38.77 million shares, about 17.8% of Alpha’s float.
McDonald’s Corp. (NYSE: MCD) showed a drop of 3.3% in short interest, to 13.41 million shares, about 1.3% of the company’s float.
Apple Inc. (NASDAQ: AAPL) saw a short interest drop of 7.2% to 19.13 million shares, or 2% of the company’s float.
Research in Motion Ltd. (NASDAQ: RIMM) saw short interest rise by 5.2% to 119.62 million shares, or 25.6% of the total float.
Microsoft Corp. (NASDAQ: MSFT) posted a 14.2% drop in short interest, to 92.49 million shares, about 1.2% of Microsoft’s float.
Dell Inc. (NASDAQ: DELL) short interest fall by 9.7%, to 65.86 million shares or about 4.25% of the company’s float.
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) saw short interest fall by 21.5% to 39.87 million shares or 33.3% of the company’s float.
Cisco Systems Inc. (NASDAQ: CSCO) saw short interest decline by 17.4% to 62.93 million shares or about 1.2% of the company’s float.
Now that Research in Motion has announced a firm date for the release of its new BlackBerry 10 operating system and compatible smartphones, the shorts have a target. And as for the big move at Green Mountain Coffee, the company has succeeded in minimizing the damage caused by the introduction of a competing single-cup coffee maker by Starbucks Corp. (NASDAQ: SBUX), but Green Mountains remains heavily shorted.