Picture of Nasdaq logo

NDAQ — Nasdaq News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsConservativeLarge CapHigh Flyer

Nasdaq short interest up 1.5% in early May

     NEW YORK, May 27 (Reuters) - Short interest on the Nasdaq rose 1.5% in the first half of May, the exchange said on Wednesday.

As of May 15, short interest rose to about 20.911 billion shares, compared with 20.604 billion shares as of April 30.

Investors who sell securities 'short' borrow shares and then sell them, expecting the stock to fall so they can buy the shares back at the lower price, return them to the lender and pocket the difference.

Shorting can also be part of a hedging strategy.

(U.S. markets team)
((+1-646-223-6344))

Recent news on Nasdaq

See all news