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90 Percent of Retail HOLDRS Has Been Shorted - Largest Holding Wal-Mart
By Market News Video Staff, Monday, October 18, 10:48 AM ET
There are 4,868,800 shares short of the Retail HOLDRS (AMEX:RTH) according to data provided to ETFChannel.com from ShortSqueeze.com on ETFChannel's Shorted ETF toplist.
In total, the Retail HOLDRS has 4.74 million shares outstanding, meaning that 90.21% of this ETF's shares are shorted, making it the 7th most shorted ETFChannel covers.
Top holdings of this ETF include Wal-mart Stores (NYSE:WMT), Home Depot (NYSE:HD), Amazon.com (NASDAQ:AMZN) and Target (NYSE:TGT).
It would take approximately 2.7 days for shorts to cover these shares.
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