NYSE Short Interest by Sector: Consumer Discretionary Leads

Nov.26.07 | About: iShares NYSE (NYC)

Based on the most recent NYSE short interest data released mid-month, NYSE listed Consumer Discretionary stocks have the highest average short interest as a % of equity float. Financials rank second at 6.58%, while Telecom, Consumer Staples and Utilities have the lowest short interest as a % of float. Look for high short interest sectors to do well on market rallies and poorly on market declines.