And the Rest
Rounding out the top five most shorted Dow stocks on the most recent settlement date were Exxon Mobil Corp. (NYSE: XOM) and Apple Inc. (NASDAQ: AAPL). The former saw a notable rise in the number of its shares sold short in those two weeks, while its share price pulled back more than 10% in that time. Asset sales propped up the oil supermajor’s latest quarterly results. The iPhone maker saw little change in the level of its short interest, as shares rose more than 4% but gave up that gain during that period. Its services businesses continue to be a growing and important part of the Apple empire.
Also notice on the following list of short interest changes in Dow stocks as of January 31 the notable rise at Boeing Co. (NYSE: BA) (737 Max grounding and quarterly net loss) and Walmart Inc. (NYSE: WMT) (weak holiday sales for retailers and coronavirus fears).
|Dow Stock||Short (millions)||Change||% Float|
|Johnson & Johnson||20.87||2.20%||0.79%|
|Procter & Gamble||19.75||2.39%||0.80%|