Word: shorted
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...There are a limited number of stocks which consistently have short interests above 50 million shares. They are the shares in companies that short sellers move in and out of the most often. (See pictures of the Top 10 scared traders...
...favorite stocks for short sellers are a combination of financial, tech, conglomerate, auto, and big pharma companies - a sign that when Wall St. bets against companies it has no favorite sectors...
...stocks for short sellers...
...General Electric (GE) used to be a fairly stable company with a fairly stable stock price. Problems with earnings, missed forecasts, and speculation about the health of its financial services division have made GE's stock volatile and sensitive to rumors. As of April 15, the short interest in GE dropped 6% compared to the measurement two weeks before to a total of 197 million shares. Over that period, GE traded an average of 136 million shares a day, so the short interest is tiny compared with the volume. For short sellers, that is a big plus. High trading volume...
...Citigroup (C) is the most shorted stock in America. As of April 15, the bank had a short interest of 1.237 billion shares. Its trading volume average of the prior two weeks was 532 million shares a day. Citi has an extraordinary 24% of its float sold short, a sign that a huge number of investors are willing to gamble against the share price. Citi's stock is subject to wild swings, in part because the short sellers in the company's shares have been "squeezed" more than once this year - forced to cover when the banks had good news...