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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Sharck who wrote (29696)	6/27/2001 7:12:22 PM
From: AD	Respond to of 37746

short int: Message 15999836 Nasdaq Says Mid-June Short Interest Rises NEW YORK (Reuters) - The Nasdaq Stock Market said on Tuesday short interest -- or a bet that shares will fall -- in mid-June accounted for 3.82 billion shares rising from 3.71 billion a month ago. The short interest represents 2.17 days of average daily volume compared with 1.79 days of average volume in mid-May, the Nasdaq said. June's short interest was spread across 4,392 securities versus 4,467 in May. The Nasdaq National Market, which excludes the Nasdaq SmallCap Market, had short interest of 3.79 million shares in mid-June, compared with 3.68 million in May. The short interest represented 2.19 days of average volume on the Nasdaq, up from 1.79 in mid-May. A short sale is when an investor borrows a stock and sells it with the intention of buying it back at a lower price. The investor, who could lose money if the stock rises, keeps any profits from the sale after closing the trading position.