Stock of the day - Netflix

The video service company, Netflix (NADSAQ:NFLX) is planning expansion into Latin America while the Wall Street Journal reports that the large film producers are heaping praise on the company as a welcome addition to the dwindling video market. The share price has performed well this year and long only investors who lend have added 1 million shares to their holding since March. Shorts have aggressively covered their positions this year halving their holdings to 5 million shares or 9.5% of the total shares. However, this is still over four times higher than the average short interest across the S&P500.