Short interest on the New York Stock...

Short interest on the New York Stock Exchange fell 26.7 million shares in the month ended April 15, to a total of about 223.5 million shares . . . Blaming the Silicon Valley semiconductor slump, Megatest Corp. of San Jose reported that it reduced its work force by about 7% . . . Shareholders of Fotomat approved a stock acquisition agreement with Konishiroku Photo Industry which injects $10 million into Fotomat and allows the company to refinance its $18 million bank debt . . . The Los Angeles Department of Water and Power reported electric plant production for the week ended April 13, rose 1.18% above the previous week.