February 25, 2003 |
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Corrected - February 26, 2003. NYSE restates short interest data. “represents 1.4 percent of the total shares” |
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Last week the NYSE reported that short selling interest inched higher, from roughly 7.620 billion shares short to 7.668 shares. Quite frankly, this data - much to the dismay of those who like to blame shorts for every market decline - tells us that shorts may be about to jump into the markets. After all, short interest stood at a record 8.2 billion shares back in October.
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