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Financial and Auto Stocks Short Selling Declines Sharply
Fri, 28 Nov 2008 14:26:49 -0800
Short selling of financial and automaker stocks has fallen sharply since July - according to Reuters. Both sectors have remained under heavy selling pressure from beginning of the year and have been blamed for causing disruption in the functioning of the securities markets creating often a crisis of confidence. Based on Short Alert Research data released this week, short interest on financial companies has fallen since July 10 nearly 40% to an average of 3.68% on Nov. 14. Among brokerages, the
Fri, 28 Nov 2008 14:26:49 -0800
Short selling of financial and automaker stocks has fallen sharply since July - according to Reuters. Both sectors have remained under heavy selling pressure from beginning of the year and have been blamed for causing disruption in the functioning of the securities markets creating often a crisis of confidence. Based on Short Alert Research data released this week, short interest on financial companies has fallen since July 10 nearly 40% to an average of 3.68% on Nov. 14. Among brokerages, the
posted by CandyJudson at 5:07 PM
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