Short Interest Data for Internet Stocks (CNET, EBAY, FTD, GOOG)

NASDAQ and NYSE Short Interest data through May 15th was recently released. Citigroup analyst Mark Mahaney highlights some of the key trends for Internet stocks:

The median M/M change in Short Interest for the stocks we cover was up 2.8% (vs. up 2.4% in April). The biggest M/M changes were: GOOG (down 42%), FTD (up 26%), EBAY (up 14%), and CNET (down 13%).

NILE, ADBL, WBMD, PCLN, and RATE had by far the highest Short Interest Ratios among the stocks we cover. And ADBL, NILE, RATE, NFLX, and WBMD, had the highest Short Interest as a % of Float. These two measures indicate relatively high levels of negative sentiment with these shares.

May Net Short Interest With M/M and Y/Y Change:

May Short Interest as a Percentage of Float:


Short Interest Trends During Q1:06 and Q2:06 QTD: