Our hosts added significant new short interest during the first 15 days of Nov, which accounts for the market cap disappearance during the period. Individual stocks have interesting stories to tell. It would be wise to print these current ledgers for your offline books.
The extent of the borrowing by systems interests is being done with mal intent. Seemingly the ability of systems to listen; has not changed. The result of this is a rising CF, which insiders appear to be oblivious of consequences stemming from systemic cheating.
We should maintain our margin neutral stance through mid december, and perhaps longer. Fractional deconstruction of paid for positions is best during this period. Follow the guidance of the primary goal for sideways and negative trending markets.
NASDAQ Announces Mid-Month Open Short Interest Positions in NASDAQ Stocks as of Settlement Date November 15, 2007
NEW YORK, Nov. 27, 2007 (PRIME NEWSWIRE) -- At the end of the settlement date of November 15, 2007, short interest in 2,703 NASDAQ Global Market(sm) securities totaled 7,956,776,830 shares compared with 7,831,259,102 shares in 2,690 Global Market issues reported for the prior settlement date of October 31, 2007. The mid-November short interest represents 3.08 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.52 days for the prior reporting period.
Short interest in 507 securities on The NASDAQ Capital Market(sm) totaled 186,675,293 shares at the end of the settlement date of November 15, 2007, compared with 186,072,304 shares in 517 securities for the previous reporting period. This represents 3.87 days average daily volume, compared with the previous reporting period's figure of 2.81.
In summary, short interest in all 3,210 NASDAQ(r) securities totaled 8,143,452,123 shares at the end of the November 15, 2007 settlement date, compared with 3,207 issues and 8,017,331,406 shares at the end of the previous reporting period. This is 3.10 days average daily volume, compared with an average of 3.50 days for the previous reporting period.
The open short interest positions reported for each NASDAQ security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.
For more information on NASDAQ Short interest positions, including publication dates, visit nasdaqtrader.com.
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