CHART OF THE DAY: The Shorts Are Massing To Kill These Five NYSE Stocks Vincent Fernando and Kamelia Angelova | Jan. 13, 2010, 2:17 PM
Short traders are piling onto Exxon Mobil, Host Hotels, Citi, Qwest, and Ford according to latest short interest data from the New York Stock Exchange (NYSE).
While Citi's short interest may be sort of expected by now, what's most surprising here is the massive 104% jump in Exxon short interest. This happened within just a two-week period from December 15th to December 31st, one where overall NYSE short interest actually fell 3.5%. As for Nasdaq stocks, note that the shorts just pig-piled onto Apple as well.