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.
| Attachment | Size |
|---|---|
| aol_tearsheet.pdf | 99.78 KB |
| AOL.jpg | 331.56 KB |
