NMR, T, WMB, COF, UBS, M With Highest Daily Short Volume On NYSE Monday
October 6, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NYSE Daily Short Volume Report for Monday, October 5th, 2009 and come to the following statistical conclusions. There were 6,396 stocks with daily short volume reported and total NYSE trading volume of 1,037,056,342 shares. Total Daily Short Volume was 492,035,105 shares. 47.44% of all trading on the NYSE Monday was short selling. The chart below highlights 6 stocks that had the highest daily short volume on Monday. Nomura Holdings (NYSE: NMR), AT and T (NYSE: T), Williams Companies (NYSE: WMB), Capital One Financial (NYSE: COF), UBS AG (NYSE: UBS) and Macys (NYSE: M). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Date Symbol Short Volume Total Volume Market Percent
20091005 NMR 1,562,709 3,361,728 P 46.49%
20091005 T 1,063,045 2,059,508 P 51.62%
20091005 WMB 824,351 1,412,880 P 58.35%
20091005 COF 809,356 1,323,404 P 61.16%
20091005 UBS 795,007 1,051,355 P 75.62%
20091005 M 776,246 1,550,898 P 50.05%
In late October 2008 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, stocks should theoretically never be on the naked short list again. BUYINS.NET will monitor the exchangesa� naked short lists daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver on any short sales.
Reg SHO Rule 204 (i) requires brokers to deliver shares on long and short sales of publicly traded equity securities by settlement date, (ii) continues to require brokers to close-out fails to deliver by the beginning of trading on T+4 for short sales and T+6 for long sales, (iii) precludes clearing brokers and their introducing brokers from selling short a security, other than on a pre-borrowed basis, if a fail to deliver in that security is not timely closed out until the fail is closed out and that close-out transaction settles, (iv) allows clearing brokers to allocate fails to introducing brokers and (v) continues to permit brokers to rely upon pre-fail credit to satisfy Rule 204's close-out requirement to avoid the pre-borrow requirements when a fail at a clearing broker has not been closed out. However, the SEC liberalized certain of these provisions in several regards. For example, permanent Rule 204 now allows a broker to close-out a fail on a long sale by borrowing the security, whereas Rule 204T had only permitted closing out long fails by buying-in, which should alleviate some of the buy-in risk for investors that experience long fails. Similar relief was extended to close-outs for market maker fails, so that a fail from a bona fide market making transaction (including short and long fails) can now be closed out by the beginning of trading on T+6 by borrowing the security. Further, Rule 204 now permits a broker to borrow securities to obtain pre-fail credit for early close-outs, whereas temporary Rule 204T only permitted pre-fail credit to be obtained by purchases of securities.
The SEC refused requests to extend the close-out deadline for fails to deliver to the close of business on the close-out deadline, choosing instead to retain the requirement that all fails be closed out by the beginning of trading on the applicable close-out deadline. The Commission also rejected requests for a fail to deliver exception that would have provided an exception from the close-out requirements if a clearing broker's fail position was below a certain amount but said that it would continue to monitor whether a de minimis or odd lot exception could be warranted.
Nomura Holdings, Inc. (NYSE: NMR) operates as a financial services company in Japan and internationally. The company operates in five segments: Retail, Global Markets, Investment Banking, Merchant Banking, and Asset Management. The Retail segment offers investment consultation services and maintenance services to individuals and corporations. The Global Markets segment sells and trades in bonds, foreign currencies, and commodities, as well as related derivatives; focuses on equities and equity-linked derivatives; and helps clients raise capital through real estate and asset securitization, financing, and other schemes. The Investment Banking segment underwrites offerings of securities and other financial instruments, which include stocks, convertible and exchangeable securities, investment grade debt, sovereign and emerging market debt, high yield debt, structured securities, equity and fixed income securities, and other securities. It also arranges private placements and engages in other capital raising activities, as well as offers financial advisory services on mergers and acquisitions, divestitures, spin-offs, capital structuring, corporate defense activities, leveraged buyouts, initial public offerings, reorganizations, and other corporate restructurings. The Merchant Banking segment operates a private equity business, as well as invests in venture companies focusing on biotechnology, IT technology, health care, energy, and clean technology. The Asset Management segment engages in the development and management of investment trusts, and provision of investment advisory services. It also provides investment advisory services to public pensions, private pensions, governments and their agencies, central banks, and institutional investors. The company was founded in 1925 and is headquartered in Tokyo, Japan.
AT&T Inc. (NYSE: T) operates as a communications holding company. Its subsidiaries and affiliates provide the AT&T brand services in the United States and internationally. The companya�s Wireless segment offers wireless voice communications services, including local wireless communications, long-distance, and roaming services with various postpaid and prepaid service plans. This segment also supplies various handsets and personal computer wireless data cards, as well as accessories. Its Wireline segment offers voice services, including local and long-distance services, calling card, 1-800 services, conference calling, wholesale switched access service, caller ID, call waiting, and voice mail services. This segment also provides data services, such as switched and dedicated transport, Internet access and network integration, and data equipment; high-speed connections comprising private lines, packet, dedicated Internet, and enterprise networking services, as well as DSL/broadband, dial-up Internet access, and WiFi products; businesses voice applications over IP-based networks; and local, interstate, and international wholesale networking capacity to other service providers. In addition, it offers managed Web hosting, application management, security service, integration services, outsourcing, directory and operator assistance services, government-related services, and U-verse television and satellite video services. The companya�s Advertising and Publishing segment publishes Yellow and White Pages directories; sells directory and Internet-based advertising; and provides multi-enterprise collaboration services to businesses in various industries, including retail, financial services, manufacturing, healthcare, and telecom. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005 as a result of merger with AT&T Corp. AT&T Inc. was founded in 1983 and is based in Dallas, Texas.
The Williams Companies, Inc. (NYSE: WMB), through its subsidiaries, engages in the production, gathering, processing, and transportation of natural gas in the United States. The company operates in four segments: Exploration and Production, Gas Pipeline, Midstream Gas and Liquids, and Gas Marketing Services. The Exploration and Production segment produces, develops, and manages natural gas reserves primarily located in the Rocky Mountain and Mid-Continent regions of the United States. It also has oil and gas interests in Argentina and western Venezuela. The Gas Pipeline segment owns and operates a 10,100-mile natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Pennsylvania, and New Jersey to the New York City metropolitan area. This segment also owns and operates a 3,900 miles of natural gas pipeline system extending from the San Juan basin in northwestern New Mexico and southwestern Colorado through Colorado, Utah, Wyoming, Idaho, Oregon, and Washington to a point on the Canadian border near Sumas, Washington. The Midstream Gas and Liquids segment engages in gathering, treating, and processing natural gas; fractionation, storage, and transportation of natural gas liquids (NGLs); and oil transportation. It produces NGLs, ethylene, and propylene, which are used primarily for the manufacture of plastics, home heating, and refinery feedstock. The Gas Marketing Services segment manages various natural gas-related contracts, such as transportation, storage, and related hedges, and provides services to third-parties, such as producers. It has joint venture agreement with Atlas Pipeline Partners LP., to own 1,800 miles of intrastate natural gas gathering lines in the Appalachian Basin servicing 6,900 wells. The company was founded in 1908 and is based in Tulsa, Oklahoma.
Capital One Financial Corporation (NYSE: COF), through its subsidiaries, provides various financial products and services to consumers, small businesses, and commercial clients in the United States. The company offers commercial and consumer loans, commercial and consumer deposit account services, commercial credit cards, treasury management services, trust services, and other banking related products, such as insurance, brokerage services, merchant services, and investment banking, as well as provides money market and certificate of deposit accounts through Internet channels. It also provides consumer credit and debit card products, small business lending, installment loans, home loans, and other unsecured consumer financial services, as well as involves in financing for the purchase of new and used vehicles or other motor vehicles, and the refinancing for the existing motor vehicle loans. The company was founded in 1993 and is headquartered in McLean, Virginia.
UBS AG (NYSE: UBS), a financial services firm, serves an international client base through its wealth management, investment banking, and asset management businesses with presence in various financial centers worldwide. The company also involves in retail and commercial banking in Switzerland. Its Wealth Management & Swiss Bank divisiona�s wealth management business caters to high net worth individuals worldwide (except Americas) whether they are investing internationally or in their home country. UBS offers these clients a range of tailored advice and investment services. Its Swiss Bank business provides a set of banking services for Swiss individual and corporate clients. The companya�s Wealth Management Americas division offers products and services specifically designed to address the needs of high net worth and affluent individuals. It includes Wealth Management U.S., domestic Canada, and the international business booked in the United States. The companya�s Global Asset Management division provides investment solutions to private clients, financial intermediaries, and institutional investors worldwide. It offers diverse investment capabilities across various traditional and alternative asset classes, including specialist equity, fixed income, currency, hedge fund, real estate, infrastructure, and private equity investment capabilities that can also be combined in multi-asset strategies. The companya�s Investment Bank division provides securities products and research in equities, fixed income, rates, foreign exchange, and metals. It also provides advisory services, as well as access to the worlda�s capital markets for corporate, institutional, intermediary, and alternative asset management clients. UBS has offices in approximately 50 countries. The company was founded in 1862 and is based in Zurich, Switzerland.
Macys, Inc. (NYSE: M), through its subsidiaries, operates department stores in the United States. Its retail stores and Internet Web sites sells a range of merchandise, including mena�s, womena�s, and childrena�s apparel and accessories; cosmetics; home furnishings; and other consumer goods. The company maintains Web sites, such as macys.com and bloomingdales.com. As of January 31, 2009, it operated approximately 840 retail stores in 45 states, the District of Columbia, Guam, and Puerto Rico under the names aMacya�sa� and aBloomingdalea�sa�. The company was formerly known as Federated Department Stores, Inc. and changed its name to Macya�s, Inc. in June 2007. Macya�s, Inc. was founded in 1820 and is based in Cincinnati, Ohio with an additional office in New York, New York.
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