Short interest jumps for SNDA, JRJC, NINE and CHINA

Short interest data is now available for Nasdaq stocks through June 15th. Short interest has rocketed for some Chinese stocks:

Percentage changes in short interest

Online travel services:

• Ctrip.com (ticker: CTRP)
  • Average daily share volume: 147,144
  • Shares short (6/15): 266,096
  • % Change from May 15 to June 15: -21.7%
  • % Change from April 15 to May 15: -30.8%
• eLong (ticker: LONG)
  • Average daily share volume: 139,783
  • Shares short (6/15): 59,801
  • % Change from May 15 to June 15: +2.5%
  • % Change from April 15 to May 15: -36.2%

Internet services:

• Sohu.com (ticker: SOHU)
  • Average daily share volume:
    1,163,422
  • Shares short (6/15):
    4,582,986
  • % Change from May 15 to June 15: -6.9%
  • % Change from April 15 to May 15: +7.3%
• Sina.com (ticker: SINA)
  • Average daily share volume: 1,414,320
  • Shares short (6/15):
    3,118,776
  • % Change from May 15 to June 15: -2.7%
  • % Change from April 15 to May 15: -11.5%

Online games:

• Shanda Interactive (ticker: SNDA)
  • Average daily share volume:
    1,383,576
  • Shares short (6/15):
    4,206,317
  • % Change from May 15 to June 15: +17.5%
  • % Change from April 15 to May 15: +18.2%
• Netease.com (ticker: NTES)
  • Average daily share volume: 695,741
  • Shares short (6/15):
    2,930,447
  • % Change from May 15 to June 15: -16.2%
  • % Change from April 15 to May 15: +10.7%
• The9 (ticker: NCTY)
  • Average daily share volume:
    200,131
  • Shares short (6/15): 273,261
  • % Change from May 15 to June 15: -30.2%
  • % Change from April 15 to May 15: +0.1%
• (Korean) Webzen (ticker: WZEN)
  • Average daily share volume:
    104,032
  • Shares short (6/15):
    80,019
  • % Change from May 15 to June 15: -32.7%
  • % Change from April 15 to May 15: -5.2%

Wireless services:

• KongZhong (ticker: KONG)
  • Average daily share volume:
    321,966
  • Shares short (6/15):
    596,352
  • % Change from May 15 to June 15: -50.9%
  • % Change from April 15 to May 15: +6.1%
• Linktone (ticker: LTON)
  • Average daily share volume:
    409,827
  • Shares short (6/15):
    479,901
  • % Change from May 15 to June 15: -28.2%
  • % Change from April 15 to May 15: +4.3%
• Tom Online (ticker: TOMO)
  • Average daily share volume: 125,063
    
  • Shares short (6/15):
    779,908
  • % Change from May 15 to June 15: +0.3%
  • % Change from April 15 to May 15: -12.3%
• Hurray (ticker: HRAY)
  • Average daily share volume:
    91,355
  • Shares short (6/15):
    11,045
  • % Change from May 15 to June 15: -4.4%
  • % Change from April 15 to May 15: -39.2%

Employee recruiting and human resources services:

• 51Job (ticker: JOBS)
  • Average daily share volume: 208,087
  • Shares short (6/15):
    879,106
  • % Change from May 15 to June 15: -27.9%
  • % Change from April 15 to May 15: +4.6%

Financial services:

• China Finance Online (ticker: JRJC)
  • Average daily share volume: 128,563
    
  • Shares short (6/15):
    220,838
  • % Change from May 15 to June 15: +18.1%
  • % Change from April 15 to May 15: -49.4%

Software services:

• Ninetowns (ticker: NINE)
  • Average daily share volume: 249,390
    
  • Shares short (6/15):
    225,971
  • % Change from May 15 to June 15: +87.9%
  • % Change from April 15 to May 15: +26.5%
• AsiaInfo Holdings (ticker: ASIA)
  • Average daily share volume: 344,747
    
  • Shares short (6/15): 1,107,872
  • % Change from May 15 to June 15: -8.6%
  • % Change from April 15 to May 15: +4.6%
• CDC Corporation (ticker: CHINA)
  • Average daily share volume:
    3,612,545
  • Shares short (6/15):
    503,496
  • % Change from May 15 to June 15: +12.3%
  • % Change from April 15 to May 15: -3.5%

Telecom services:

• China Techfaith Wireless (ticker: CNTF)
  • Average daily share volume: 98,694
    
  • Shares short (6/15): 29,650
  • % Change from May 15 to June 15: +17.8%
  • % Change from April 15 to May 15: N/A
• Qiao Xing Telephone (ticker: XING)
  • Average daily share volume:
    277,793
  • Shares short (6/15): 488,426
  • % Change from May 15 to June 15: -22.5%
  • % Change from April 15 to May 15: -2.2%
• PacficNet (ticker: PACT)
  • Average daily share volume:
    744,600
  • Shares short (6/15): 623,031
  • % Change from May 15 to June 15: +11.7%
  • % Change from April 15 to May 15: -21.8%
• UTStarcom (ticker: UTSI)
  • Average daily share volume:
    2,547,572
  • Shares short (6/15): 14,474,040
  • % Change from May 15 to June 15: -1.5%
  • % Change from April 15 to May 15: +10.1%

Autos:

• China Automotive Systems (ticker: CAAS)
  • Average daily share volume:
    31,199
  • Shares short (6/15): 66,182
  • % Change from May 15 to June 15: -16.5%
  • % Change from April 15 to May 15: -21.9%

Jewelry:

• LJ International (ticker: JADE)
  • Average daily share volume: 79,777
  • Shares short (6/15): 131,606
  • % Change from May 15 to June 15: -11.4%
  • % Change from April 15 to May 15: -20.4%

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.

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