Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Free
Message: Forbes: Intel Becomes #2 Most Shorted Dow Stock, Replacing Walt Disney

The most recent short interest data has been released by the NASDAQ for the 02/13/2015 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the Dow Jones Industrial Average by “days to cover.” There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the “days to cover” metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.

In our new rank based on the most recent short interest data from NASDAQ, Intel Corp (NASD: INTC) has taken over the position of #2 most shorted Dow component, from Walt Disney Co. (NYSE: DIS) which is now in the #10 spot.

http://www.forbes.com/sites/dividendchannel/2015/02/26/intel-becomes-2-most-shorted-dow-stock-replacing-walt-disney-2/

Share
New Message
Please login to post a reply