Shorts Gang Up on Top NASDAQ 100 Tech Stocks (AMZN, AAPL, CSCO, DELL, GOOG, INTC, MSFT, ORCL, RIMM, YHOO)

December 10, 2008 by Douglas A. McIntyre

Burning_money_picAs you will see, most of the top technology stocks from the NASDAQ 100 saw an increase in the number of shares being sold short from mid-November to late November.  With the last 9 of 12 days being up days, it is hard to gather much insight from this new short interest report, but here are the changes:

Stock (Ticker)                               NOV. 28      NOV. 14      CHANGE
Amazon.com, Inc. (AMZN)          36,327,496   35,641,880     +1.92%
Apple Inc. (AAPL)                       21,921,767   26,757,152     -18.07
Cisco Systems, Inc. (CSCO)       47,991,497   47,370,952     +1.31%
Dell Inc. (DELL)                          44,201,119   45,245,350     -2.31%
Google Inc. (GOOG)                    6,469,418    6,533,382      -0.98%
Intel Corporation (INTC)               93,321,145   84,986,069     +9.81%
Microsoft Corporation (MSFT)      73,991,139   71,614,082     +3.32%
Oracle Corporation (ORCL)          57,646,941   48,286,277     +19.39%
Research In Motion (RIMM)         15,897,208   17,603,723     -9.69
Yahoo! Inc. (YHOO)                    44,495,373   35,689,747     +24.67%

Jon C. Ogg
December 10, 2008