Short interest jumps for CTRP, SOHU, NTES, NCTY and JOBS
Submit
an article to
an article to
-
Font Size:
-
Print
- TweetThis
Short interest data is now available for Nasdaq stocks through March 15th. Short interest has rocketed for some Chinese stocks:
Changes in short interest Feb 15th to March 15th:
Online travel services:
Internet services:
Online games:
- The9 (ticker: NCTY) +146.1%
- Shanda Interactive (ticker: SNDA) +7.6%
- (Korean) Webzen (ticker: WZEN) +29.2%
- (Korean) Gravity (ticker: GRVY) -93.7%
Wireless services:
- KongZhong (ticker: KONG) -12.0%
- Linktone (ticker: LTON) -36.6%
- Tom Online (ticker: TOMO) -38.3%
- Hurray (ticker: HRAY) -95.4%
Employee recruiting and human resources services:
- 51Job (ticker: JOBS) +44.4%
Financial services:
- China Finance Online (ticker: JRJC) -4.43%
Software:
- Ninetowns (ticker: NINE) -9.6%
Quick comment on "short interest" from the Internet Stock Blog: High short interest can be interpreted
two ways: it represents pent-up buying demand, so it's technically
bullish; but it might show that smart investors are bearish on a stock,
in which case it's bearish. Most analysts interpret high short interest
as bullish, particularly for stocks with small floats, in which case
high short interest signals risk of a short-squeeze.
Related Articles
|



















