Yahoo! Earnings Help HHH and PNQI Climb Higher Wednesday, October 20, 12:12 PM ET, by Market News Video Staff After the bell on Tuesday, Yahoo! (YHOO) posted positive third quarter earnings as display ad ...
Amazon.com Shares Push the Internet HOLDRs ETF Higher Friday, October 22, 10:40 AM ET, by Market News Video Staff After the bell yesterday, Amazon.com (AMZN) posted strong earnings for the third quarter, propelling shares ...
53.22 Percent of XLY Shorted: Top Holdings McDonalds, Amazon.com, Comcast, Disney
By Market News Video Staff, Wednesday, October 20, 3:21 PM ET
There are 27,435,600 shares short of the Consumer Discretionary Select Sector SPDR Fund (AMEX:XLY) according to data provided to ETFChannel.com from ShortSqueeze.com on ETFChannel's Shorted ETFs toplist.
With 53.9 million shares outstanding, this means that 53.22% of XLY shares are shorted, making it the 10th most shorted ETF that ETFChannel covers.
Top holdings of this ETF include McDonald's (NYSE:MCD), Walt Disney (NYSE:DIS), Amazon.com (NASDAQ:AMZN) and Comcast (CMSCA).
Looking at the holdings:
-A little less than 1% of McDonald's (NYSE:MCD) shares are shorted
-About 2.4% of Walt Disney (NYSE:DIS) shares are shorted
-3.57% of Amazon.com (NASDAQ:AMZN) has been shorted
-3.2% of Comcast (NASDAQ:CMCSA) is short.
It would take approximately 3.5 days for shorts to cover the shorted shares of XLY.
This Article's Word Cloud:AMEXAMZNAboutAmazonCMSCAComcastConsumerDiscretionaryDisneyETFChannelETFsFundLookingMcDonaldNASDAQNYSESPDRSectorSelectShortSqueezeShortedThereWaltWithaccordingapproximatelycovercoversdatadaysfromholdingsincludelesslittlemakingmeansmillionmostoutstandingprovidedsharesshortshortedshortsthanthatthistoplistwould
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.