There is an interesting comparison to be made in looking at the short interest of GX, MFNX and LVLT. Since March, LVLT's short interest percentage increase has outpaced GX's. Very curious is the very stable level of short interest maintained by MFNX. Could it be that the short community is simply using GX and LVLT as proxies for telecom? Why did the shorts never pounce on MFNX?
Global Crossing Short Interest:
SettlementDate ShortInterest Avg DailyShare Volume Days to Cover
Aug. 15, 2001 94,246,766 10,373,448 9.09
Jul. 13, 2001 86,107,192 13,553,389 6.35
Jun. 15, 2001 71,773,110 6,225,964 11.53
May 15, 2001 60,310,624 8,810,305 6.85
Apr. 12, 2001 55,967,677 7,520,965 7.44
Mar. 15, 2001 59,000,931 6,555,783 9.00
Feb. 15, 2001 57,483,330 6,252,230 9.19
Jan. 12, 2001 56,787,691 8,872,639 6.40
Dec. 15, 2000 54,649,237 8,911,467 6.13
Nov. 15, 2000 50,319,873 9,182,440 5.48
Level Three Short Interest:
Settlement Date Short Interest Avg Daily Share Volume Days to Cover
Jul. 13, 2001 56,604,054 12,510,645 4.52
Jun. 15, 2001 42,391,763 8,572,103 4.95
May 15, 2001 37,114,941 8,590,379 4.32
Apr. 12, 2001 31,716,578 9,504,745 3.34
Mar. 15, 2001 24,236,319 6,702,867 3.62
Feb. 15, 2001 26,729,063 4,640,836 5.76
Jan. 12, 2001 27,799,491 5,358,902 5.19
Dec. 15, 2000 24,372,014 4,337,179 5.62
Nov. 15, 2000 18,707,187 5,779,053 3.24
Oct. 13, 2000 12,921,852 3,416,232 3.78
Sep. 15, 2000 12,524,812 3,034,159 4.13
Aug. 15, 2000 9,904,469 2,946,933 3.36
Metromedia Fiber Short Interest:
Settlement Date Short Interest Avg Daily Share Volume Days to Cover
Jul. 13, 2001 18,396,738 19,806,272 1.00
Jun. 15, 2001 14,127,461 8,880,261 1.59
May 15, 2001 13,595,985 8,394,638 1.62
Apr. 12, 2001 18,271,417 10,620,924 1.72
Mar. 15, 2001 20,579,323 7,247,947 2.84
Feb. 15, 2001 18,997,412 6,040,597 3.14
Jan. 12, 2001 21,856,331 8,946,918 2.44
Dec. 15, 2000 16,438,376 7,877,732 2.09
Nov. 15, 2000 15,332,250 5,019,527 3.05
Oct. 13, 2000 14,357,052 6,924,324 2.07
Sep. 15, 2000 14,812,188 3,652,859 4.05
Aug. 15, 2000 15,989,548 3,112,539 5.14
CF Rebel |
