SHORT INTEREST IN VALLEY STOCKS
The table below lists the short interest in various Valley stocks.
In a short sale, an investor sells borrowed stock--in effect betting the price will drop--after which he can buy back the stock at a lower price and return the shares to the lender and pocket the difference. Of course, if the stock goes up in price, the short seller loses money.
Short interest is the number of shares that have been borrowed for short sales and not yet repurchased. Also listed is the average daily volume of stock traded in each company.
NEW YORK STOCK EXCHANGE
No. of shares of short interest Stock Industry as of 2/15 Foothill Group Financial services 375,900 Glenfed S&L; holding co. 136,818 Lockheed Aerospace 555,800 Walt Disney Entertainment 1,835,372 AMERICAN STOCK EXCHANGE ATI Medical Medical equipment 383,300 OVER-THE-COUNTER MARKET Amgen Biotechnology 568,351 Comptr Memories Holding co. 51,844 Delphi Info Sys Software 63,993 HOH Water Tech Water systems 14,033 Incomnet Computers 41,744 Micropolis Disk drives 634,812 Traditional Inds Photofinishing 697,305 20th Century Inds Insurance 143,530
NEW YORK STOCK EXCHANGE
No. of shares of short interest Stock Industry as of 1/13 % Chg Foothill Group Financial services 327,000 +15 Glenfed S&L; holding co. 114,445 +20 Lockheed Aerospace 506,302 +10 Walt Disney Entertainment 1,346,596 +36 AMERICAN STOCK EXCHANGE ATI Medical Medical equipment 405,000 -5 OVER-THE-COUNTER MARKET Amgen Biotechnology 503,918 +13 Comptr Memories Holding co. 51,892 0 Delphi Info Sys Software 63,585 +1 HOH Water Tech Water systems 51,983 -73 Incomnet Computers 12,046 +247 Micropolis Disk drives 521,804 +22 Traditional Inds Photofinishing 659,142 +6 20th Century Inds Insurance 196,314 -27
Avg. daily trading Stock volume Foothill Group 11,434 Glenfed 42,326 Lockheed 316,034 Walt Disney 470,826 AMERICAN STOCK EXCHANGE ATI Medical 6,895 OVER-THE-COUNTER MARKET Amgen 415,513 Comptr Memories 42,633 Delphi Info Sys 8,951 HOH Water Tech 17,575 Incomnet 55,412 Micropolis 112,226 Traditional Inds 67,549 20th Century Inds 45,443
Sources: New York, American stock exchanges; National Assn. of Securities Dealers
