Stock Alert: AOL Inc (NYSE:AOL)

Thu, 2011-08-11 11:41

• AOL Inc. (NYSE:AOL) reported disappointing earnings at the start of the week. The stock has been frequenting our “Rising Shorts and Crowded Shorts” list as a Rising Short and our screen of stocks reaching new 52 week short interest highs, which can both be found in our Premium Weekly client Pack.


• Short interest began to build in February and has since quadrupled to 19% of total shares outstanding. A record high was observed in June at 20%.


• Institutional investors who lend their shares have been strongly reducing their holdings since June by 12% and therefore anticipated the recent bad results.


• The share price has dropped to new record lows in the last week.

Click here to view the tearsheet below.


 

 

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