Actively Traded Stock Market Shares Get Some Short Action

July 11, 2013 by Paul Ausick

stock symbol tickerWe have tracked the key short interest changes as of June 28 in the following large cap stock market shares: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Verizon Communications Inc. (NYSE: VZ), Alpha Natural Resources Inc. (NYSE: ANR), McDonald’s Corp. (NYSE: MCD), Apple Inc. (NASDAQ: AAPL), BlackBerry (NASDAQ: BBRY), Microsoft Corp. (NASDAQ: MSFT), Dell Inc. (NASDAQ: DELL), Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) and Cisco Systems Inc. (NASDAQ: CSCO).

General Electric Co. (NYSE: GE) short interest rose 0.9% to 84.66 million shares. About 0.8% of GE’s float is now short.

Nokia Corp. (NYSE: NOK) saw short interest rise 2.5% to 234.88 million shares, about 6.3% of the company’s total float.

Bank of America Corp. (NYSE: BAC) short interest fell 6.6% to 114.85 million shares, which represents 1.1% of the company’s float.

Verizon Communications Inc. (NYSE: VZ) saw a 7% rise in short interest to 48.45 million shares, or around 1.7% of the firm’s float.

Alpha Natural Resources Inc. (NYSE: ANR) showed a rise of 11.3% in short interest, to 42.47 million shares, about 19.4% of Alpha’s float.

McDonald’s Corp. (NYSE: MCD) showed a drop of 0.2% in short interest, to 9.13 million shares, about 0.9% of the company’s float.

Apple Inc. (NASDAQ: AAPL) saw short interest rise 18.6% to 27.73 million shares, or 3% of the company’s float.

BlackBerry (NASDAQ: BBRY) saw short interest rise by 1% to 184.42 million shares, or 37.3% of the total float. Short interest continues to be reported under the company’s previous name, Research In Motion, but the stock symbol has been changed to BBRY.

Microsoft Corp. (NASDAQ: MSFT) posted a 17.6% decrease in short interest, to 78.14 million shares, around 1% of Microsoft’s float.

Dell Inc. (NASDAQ: DELL) short interest rose by 3.3% to 24.15 million shares. That was about 1.6% of the company’s float.

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) saw short interest increase by 1.3% to 28.6 million shares, or 23.4% of the company’s float.

Cisco Systems Inc. (NASDAQ: CSCO) short interest fell by 13.9% to 51.22 million shares, or about 1% of the company’s float.

Short interest in Apple jumped again in this two-week period. The shares hit a monthly low of about $394 on June 27. Shares have risen since then, closing last night at around $420. Look for shorts to slowly back off.

Short sellers are moving back in on coal miner Alpha Natural Resources. No surprise there. It is just a question of how low Alpha Natural and the other coal miners can go.

Finally, Microsoft posted a monthly low on June 23, but the stock is up more than 25% since the beginning of the year. Shorts might have gotten caught, um, short on this one.

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