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Thursday, June 22, 2006

Short Interest Rises On NYSE And AMEX

In a sign that some investors are forecasting that the stock markets and a number of individual stocks will drop, short interest on the NYSE and AMEX went up in June.

The total number of shares short on the NYSE as of June 15 went up for the fourth month in a row to 9.087 billion shares from 8.613 in the previous month.

On the AMEX short interest for the same period rose from 907 million shares to 997 million.

Douglas A. McIntyre
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