Short Interest Pops Up in Unusual Places (GE, NOK, BAC, VZ, ANR, MCD, AAPL, RIMM, MSFT, DELL, GMCR, CSCO)

stock symbol tickerWe have tracked the key short interest changes as of February 28 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Verizon Communications Inc. (NYSE: VZ), Alpha Natural Resources Inc. (NYSE: ANR), McDonald's Corp. (NYSE: MCD), Apple Inc. (NASDAQ: AAPL), BlackBerry (NASDAQ: BBRY), Microsoft Corp. (NASDAQ: MSFT), Dell Inc. (NASDAQ: DELL), Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) and Cisco Systems Inc. (NASDAQ: CSCO).

General Electric Co. (NYSE: GE) short interest rose 1.6% to 79.23 million shares. About 0.8% of GE's float is now short.

Nokia Corp. (NYSE: NOK) saw short interest rise by 2.1% to 337.98 million shares, or about 9% of the company's total float.

Bank of America Corp. (NYSE: BAC) short interest fell 2.8% to 161.31 million shares, which represents 1.5% of the company's float.

Verizon Communications Inc. (NYSE: VZ) saw a 30.1% rise in short interest to 61.21 million shares, or about 2.1% of the firm's float.

Alpha Natural Resources Inc. (NYSE: ANR) showed a drop of 3.7% in short interest, to 31.91 million shares, about 14.7% of Alpha's float.

Short interest in McDonald's Corp. (NYSE: MCD) rose 1.9% to 14.18 million shares. That is about 1.4% of the company's float.

Apple Inc. (NASDAQ: AAPL) saw a short interest rise by 3.5% to 19.43 million shares, or 2.1% of the total float.

BlackBerry (NASDAQ: BBRY) short interest increased by 7.8% to 147.21 million shares, or 29.8% of the total float. Short interest continues to be reported under the company's previous name, Research in Motion Ltd., but the stock symbol has been changed to BBRY.

Microsoft Corp. (NASDAQ: MSFT) posted a 17.1% rise in short interest, to 97.89 million shares, or about 1.3% of Microsoft's float.

Dell Inc. (NASDAQ: DELL) short interest rose by 0.8% to 28.96 million shares, about 2% of the company's float.

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) saw short interest decrease by 0.2% to 30.83 million shares, or 25.3% of the company's float.

Cisco Systems Inc. (NASDAQ: CSCO) short interest grew by 11.6% to 61.5 million shares, or about 1.2% of the company's float.

The big gain in short interest for these two weeks was Verizon. The shorts struck before the news came out that Verizon might acquire the 45% of Verizon Wireless now owned by Vodafone Group PLC (NASDAQ: VOD), so the big jump in short interest is a bit curious. Short interest in Microsoft and BlackBerry almost certainly is related to the prospects for these companies to make inroads against Apple or Samsung - prospects that equal slim and none.


Filed under: 24/7 Wall St. Wire, Large Cap Stocks, Short Interest Tagged: AAPL, ANR, BAC, BBRY, CSCO, DELL, GE, GMCR, MCD, MSFT, NOK, VOD, VZ

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