Tag:
Short Interest
Latest Headlines
Latest Headlines
Warren Buffett rides to the rescue of John Paulson
Warren Buffet's deal to invest $5 billion in Bank of America preferred shares led to a strong rally in the ailing stock, and in so doing, gave a lot of ailing hedge fund managers a boost. Many had been riding the stock south, watching it sink under the weight of fear, rumors and heavy short intere
A classic bull vs. bear battle for Bank of America
Bank of America has led the market as of late in terms of trading volume. Certainly, high-frequency traders are having a field day, as the stock looms as their next stock darling. But short-sellers have also been active. Some have covered at lower prices as of late, locking in a profit. But the ba
Goldman Sachs stock continues to suffer
Goldman Sachs' ( NYSE: GS ) stock is down about 15 percent for the month of April, as the uncertainty surrounding the firm continues to take a toll. The news that a criminal probe is underway certainly did not help. Short interest has also risen. Several analysts have lowered their target price
Bank of America glass half-full?
It would be easy to interpret the auction of 272 million warrants on the Bank of America ( BAC Bank of America news) stock as unqualified good news. After all, it means the bank has finally made good all its TARP ( TARP news) obligations; Citigroup ( C Citigroup news) cannot make
Why the short interest on Citi and Bank of America?
Citigroup ( C ) and Bank of America ( BAC ) remain two heavily shorted stocks, according to TheStreet.com . Citigroup, the most heavily shorted stock on the Big Board, saw short interest rise to 439 million shares from 397 million in the first half of January. That built on increases in sho
Short interest rises on banks
Big Wall Street banks, which tend to be wary of financial markets regulation, have historically taken a pro-short-selling attitude, arguing that short selling enhances liquidity and price discovery. That changed in a big way last year when Bear Stearns and Lehman Brothers argued vociferously that
Mutual fund firms raking in fees from short selling
Most equity mutual funds do not short stocks, but that doesn't mean the big name fund companies aren't making a mint from the surge in short selling by hedge funds . The Financial Times notes the likes of Fidelity Investments and American Funds are generating some much welcome fee revenue b
New short selling curbs pose challenges
The SEC's emergency rule to curb short selling of 19 financial stocks, notably Fannie Mae and Freddie Mac, went into effect last week. Advanced Trading notes at least one executive who thinks that
Another round: Lehman Brothers vs. shorts
The Lehman Brothers  bears took a bath when the market rallied on the news that the company had raised $4 billion to shore up its capital position. A lot of put buyers and short sellers were hit hard. Lehman Brothers now thinks the heaviest shorting came from hedge funds that illegally conspi
