NYSE Short Interest Sets Record

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August 22, 2005

Are short-sellers signaling gloom for the stock market?

For the monthlong period ended August 15, short-selling surged to a record on the New York Stock Exchange, according to The Wall Street Journal. The number of open short-selling positions rose 2.7 percent from in mid-July, the paper noted, and the short ratio ? the number of days' average volume represented by the outstanding short positions ? rose to 6.0 from 5.8.

http://www.cfo.com/article.cfm/4313831/c_4312566?f=TodayInFinance_Inside