Interesting that the Dec. 15, 2001,"updated" Nasdaq short interest for all issues represents 541 fewer stocks than 12/00, and 423 fewer than 5/01.
Couple that with the recent increase in new offerings, options conversion and insider selling, loads of recent convertible debt offerings flooding the market of late and the short interest that it involves, and very limited company share buybacks, and i think that you have a current short interest that is probably not representitive of a whole lot more than the May top of this year, or the Jan 2001 high... ie: bigger float/fewer issues.
Always so tuff to make any concrete determinations from this delayed and misleading data... very very subjective stuff
The total Nasdaq short positions for the preceding 13 months and current month follow:
Settlement Date - Total Short Interest - N of Securities
November 15, 2000 - 3,379,629,386 - 4,694
December 15, 2000 - 3,497,263,482 - 4,585
January 12, 2001 - 3,452,282,664 - 4,588
February 15, 2001 - 3,444,789,352 - 4,552
March 15, 2001 - 3,608,599,871 - 4,443
April 13, 2001 - 3,764,094,547 - 4,445
May 15, 2001 - 3,713,132,045 - 4,467
June 15, 2001 - 3,821,032,805 - 4,392
July 13, 2001 - 4,013,408,493 - 4,293
August 15, 2001 - 4,062,490,704 - 4,220
September 14, 2001 - 4,166,310,456 - 4,135
October 15, 2001 - 4,062,363,080 - 4,092
November 15, 2001 - 4,175,725,953 - 4,083
December 14, 2001 - 4,206,146,735 - 4,044 |
