Most-Hated NASDAQ Stocks As Investors Sold September

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Wall St. Watchdog reveals a list of the 10 most-shorted stocks on the NASDAQ as of Sep 30th:

  1. Sirius XM Radio Inc. (NASDAQ:SIRI): This company had 265,825,853 shares sold short as of Sep 30th, as compared to 270,521,617 on Sep 15th, which represents a change of -4,695,764 shares, or -1.7%. Days to cover for this company is 3 and average daily trading volume is 85,303,104. About the company: Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
  2. Level 3 Communications, Inc. (NASDAQ:LVLT): This company had 183,959,289 shares sold short as of Sep 30th, as compared to 190,630,310 on Sep 15th, which represents a change of -6,671,021 shares, or -3.5%. Days to cover for this company is 10 and average daily trading volume is 18,983,750. About the company: Level 3 Communications, Inc. provides telecommunications and information services, including local, long distance, and data transmission. The Company also provides other enhanced communications and Internet services, and is involved in coal mining businesses.
  3. Intel Corporation (NASDAQ:INTC): This company had 150,281,860 shares sold short as of Sep 30th, as compared to 141,809,046 on Sep 15th, which represents a change of 8,472,814 shares, or 6.0%. Days to cover for this company is 2 and average daily trading volume is 75,931,154. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.
  4. PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): This company had 102,968,471 shares sold short as of Sep 30th, as compared to 116,413,744 on Sep 15th, which represents a change of -13,445,273 shares, or -11.6%. Days to cover for this company is 1 and average daily trading volume is 93,486,277. About the company: PowerShares QQQ is an exchange-traded fund incorporated in the USA. The Fund represents undivided ownership interests in the PowerShares QQQ. The Fund’s objective is to provide investment results that generally correspond to the price and yield performance of the component securities of the Nasdaq 100 Index.
  5. Cisco Systems, Inc. (NASDAQ:CSCO): This company had 85,896,812 shares sold short as of Sep 30th, as compared to 96,469,546 on Sep 15th, which represents a change of -10,572,734 shares, or -11.0%. Days to cover for this company is 1 and average daily trading volume is 60,028,958. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  6. Microsoft Corporation (NASDAQ:MSFT): This company had 80,124,834 shares sold short as of Sep 30th, as compared to 102,796,030 on Sep 15th, which represents a change of -22,671,196 shares, or -22.1%. Days to cover for this company is 1 and average daily trading volume is 64,721,542. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  7. Dell Inc. (NASDAQ:DELL): This company had 78,808,642 shares sold short as of Sep 30th, as compared to 78,720,327 on Sep 15th, which represents a change of 88,315 shares, or 0.1%. Days to cover for this company is 3 and average daily trading volume is 25,974,272. About the company: Dell Inc. offers a wide range of computers and related products. The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services. Dell serves consumers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
  8. YRC Worldwide, Inc. (NASDAQ:YRCW): This company had 72,499,984 shares sold short as of Sep 30th, as compared to 22,001,499 on Sep 15th, which represents a change of 50,498,485 shares, or 229.5%. Days to cover for this company is 1 and average daily trading volume is 74,129,974. About the company: YRC Worldwide, Inc. offers freight transportation services.
  9. Express Scripts, Inc. – Class A Common Stock (NASDAQ:ESRX): This company had 69,157,686 shares sold short as of Sep 30th, as compared to 68,323,623 on Sep 15th, which represents a change of 834,063 shares, or 1.2%. Days to cover for this company is 7 and average daily trading volume is 9,333,746. About the company: Express Scripts, Inc is a full service pharmacy benefit management and specialty managed care company serving clients throughout North America. The Company’s customers include managed care organizations, insurance carriers, third party administrators, employers, and union-sponsored benefit plans. Express provides pharmacy network management, formulary management, and other services.
  10. News Corporation – Class A Common Stock (NASDAQ:NWSA): This company had 56,941,518 shares sold short as of Sep 30th, as compared to 69,886,583 on Sep 15th, which represents a change of -12,945,065 shares, or -18.5%. Days to cover for this company is 2 and average daily trading volume is 28,112,678. About the company: News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts.

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