Philip Morris International Inc (PM)

[EZ2]

PHILIP MORRIS INTERNATIONAL INC (PM)


Short interest nearly quadrupled in shares of the world's
largest non-state-owned cigarette maker.


The company's shares began trading at the end of last month
after it was spun off from Altria Group Inc (MO) as a way to
get a pure play on growth in overseas tobacco markets, despite
shrinking tobacco sales in the United States.
About 25.9 million of the company's shares were held short,
or about 1.2 percent of its total shares outstanding.