Bank Equities Short Interest Highlights
| | |
| Published March 6, 2000 | |
| Institution | Shares Sold Short as of 2/15/2000 | Unit Chg. From 1/15/2000 | Pct. Chg. From 1/15/2000 | Avg. Daily Trading Volume | Days to Cover* |
|---|---|---|---|---|---|
Aames Financial Corp. | 1,971,399 | -50,250 | -2.5% | 159,395 | 12.4 |
American Express Corp. | 4,480,000 | 89,754 | 2.0 | 2,157,000 | 2.1 |
AmeriCredit Corp. | 1,224,705 | 31,829 | 2.7 | 328,071 | 3.7 |
AmSouth Bancorp | 3,778,863 | 260,396 | 7.4 | 931,542 | 4.1 |
Associate First Capital Corp. | 2,625,591 | -759,542 | -22.4 | 4,360,747 | 0.6 |
Bank of America Corp. | 11,534,886 | -6,479,487 | -36.0 | 6,825,176 | 1.7 |
BancorpSouth Inc. | 88,000 | 73,913 | 524.7 | 53,000 | 1.7 |
BancWest Corp. | 129,000 | -109,475 | -45.9 | 199,000 | 0.6 |
The Bank of New York Co. | 7,234,773 | 132,107 | 1.9 | 1,756,500 | 4.1 |
Bank One Corp. | 10,080,403 | -1,091,637 | -9.8 | 4,732,457 | 2.1 |
BankAtlantic Bancorp | 3,433,608 | -40,041 | -1.2 | 128,840 | 26.7 |
Bay View Capital Corp. | 432,000 | -21,019 | -4.6 | 149,000 | 2.9 |
BB&T Corp. | 4,240,998 | 760,239 | 21.8 | 798,304 | 5.3 |
Capital One Financial Corp. | 2,178,343 | 201,566 | 10.2 | 1,136,871 | 1.9 |
Capstead Mortgage Corp. | 141,000 | -215,028 | -60.4 | 112,000 | 1.3 |
CCB Financial Corp | 534,000 | 57,450 | 12.1 | 477,000 | 1.1 |
Centura Banks Inc. | 582,321 | 71,229 | 13.9 | 57,657 | 10.1 |
Charter One Financial | 1,408,213 | 540,117 | 62.2 | 606,023 | 2.3 |
Chase Manhattan Corp. | 7,475,417 | 3,470,672 | 86.7 | 5,131,409 | 1.5 |
Citigroup Inc | 16,940,906 | -6,851,651 | -28.8 | 10,655,619 | 1.6 |
City National Corp. | 1,110,680 | 427,436 | 62.6 | 150,752 | 7.4 |
Colonial BancGroup, Inc. | 409,000 | -111,562 | -21.4 | 285,000 | 1.4 |
Comerica Inc. | 933,878 | 361,341 | 63.1 | 637,266 | 1.5 |
Commerce Bancorp Inc. | 432,000 | -121,574 | -22.0 | 97,000 | 4.5 |
Commercial Federal Corp. | 649,111 | -257,850 | -28.4 | 208,195 | 3.1 |
Countrywide Credit Industries | 2,794,018 | 338,061 | 13.8 | 625,004 | 4.5 |
Cullen/Frost Bankers Inc. | 342,000 | -43,912 | -11.4 | 120,000 | 2.9 |
Dime Bancorp Inc. | 281,000 | 113,539 | 67.8 | 589,000 | 0.5 |
Downey Financial Corp. | 118,000 | -91,440 | -43.7 | 37,000 | 3.2 |
Financial Federal Corp. | 693,085 | -113,422 | -14.1 | 37,671 | 18.4 |
Finova Group Inc. | 1,983,638 | 271,901 | 15.9 | 235,842 | 8.4 |
First American Financial | 1,724,154 | 284,336 | 19.7 | 175,428 | 9.8 |
First Republic Bank | 28,000 | 4,500 | 19.1 | 33,000 | 0.8 |
First Tennessee National | 4,053,487 | -455,814 | -10.1 | 418,980 | 9.7 |
First Union Corp. | 11,376,537 | -686,112 | -5.7 | 2,694,985 | 4.2 |
First Virginia Banks Inc. | 971,280 | 55,083 | 6.0 | 92,733 | 10.5 |
Firstar Corp. | 11,877,087 | 4,542,291 | 61.9 | 2,273,814 | 5.2 |
FleetBoston Financial | 7,003,672 | -3,177,142 | -31.2 | 3,014,209 | 2.3 |
Golden State Bancorp, Inc. | 5,741,750 | -181,125 | -3.1 | 414,538 | 13.9 |
Golden West Financial Corp. | 2,338,170 | -16,939 | -0.7 | 521,995 | 4.5 |
Greenpoint Financial Corp. | 1,990,376 | -552,593 | -21.7 | 418,861 | 4.8 |
Hibernia Corp. | 294,609 | -458,427 | -60.9 | 431,671 | 0.7 |
Household International Inc. | 3,084,578 | 1,038,189 | 50.7 | 1,512,671 | 2.0 |
Hudson United Bancorp | 927,879 | 37,604 | 4.2 | 149,828 | 6.2 |
Imperial Bancorp | 290,000 | -57,648 | -16.6 | 168,000 | 1.7 |
KeyCorp | 2,360,735 | 9,595 | 0.4 | 1,356,847 | 1.7 |
MBNA Corp. | 3,313,029 | -960,646 | -22.5 | 2,258,885 | 1.5 |
Mellon Financial Corp. | 3,844,734 | 1,278,703 | 49.8 | 2,014,309 | 1.9 |
Morgan (JP) & Co., Inc. | 1,792,797 | -378,780 | -17.4 | 1,307,657 | 1.4 |
National City Corp. | 4,703,749 | -500,644 | -9.6 | 1,334,695 | 3.5 |
North Fork Bancorp | 8,262,867 | 464,914 | 6.0 | 507,247 | 16.3 |
Ocwen Financial Corp. | 868,365 | 33,582 | 4.0 | 97,385 | 8.9 |
Old Kent Financial | 1,260,369 | -323,956 | -20.4 | 210,680 | 6.0 |
One Valley Bancorp | 71,000 | 48,631 | 217.4 | 128,000 | 0.6 |
Oriental Financial Group | 73,000 | -37,400 | -33.9 | 33,000 | 2.2 |
Pacific Century Financial | 269,575 | -499,511 | -64.9 | 243,085 | 1.1 |
PNC Bank Corp. | 2,471,130 | 441,896 | 21.8 | 1,054,990 | 2.3 |
Providian Financial | 1,973,824 | -381,544 | -16.2 | 1,082,609 | 1.8 |
State Street Corporation | 3,443,311 | 573,810 | 20.0 | 564,085 | 6.1 |
Staten Island Bancorp | 130,000 | -14,036 | -9.7 | 156,000 | 0.8 |
Summit Bancorp | 3,112,602 | 49,530 | 1.6 | 530,395 | 5.9 |
SunTrust Banks, Inc. | 2,148,857 | -821,336 | -27.7 | 737,500 | 2.9 |
Synovus Financial Corp. | 3,409,848 | -236,539 | -6.5 | 255,128 | 13.4 |
TCF Financial Corp. | 1,336,694 | -245,048 | -15.5 | 290,338 | 4.6 |
Toronto Dominion Bank | 524,457 | -942,883 | -64.3 | 1,177,752 | 0.4 |
Union Planters Corp. | 3,158,623 | 135,955 | 4.5 | 542,380 | 5.8 |
US Bancorp | 5,561,512 | -2,554,389 | -31.5 | 2,075,847 | 2.7 |
Valley National Bancorp | 845,075 | 52,421 | 6.6 | 67,366 | 12.5 |
Wachovia Corp. | 1,400,639 | -507,846 | -26.6 | 443,223 | 3.2 |
Washington Mutual Inc. | 5,944,712 | 275,508 | 4.9 | 4,075,904 | 1.5 |
Wells Fargo & Co. | 17,899,034 | 513,977 | 3.0 | 5,360,495 | 3.3 |
Wilmington Trust Corp. | 528,000 | 104,436 | 24.7 | 129,000 | 4.1 |
Bank Related Totals | 222,670,953 | -13,432,777 | -5.7% | 84,133,856 | 2.6 |
NYSE Related Totals | 3,870,716,009 | -102,540,726 | -2.6 | 1,003,572,015 | 3.9 |
Table limited to issues shorted at least 10,000 shares at either current or prior settlement date. -AMEX listing.* Number of days to cover short interest, assuming average daily trading volume holds constant and that all volume is used in settlement of short positions. Start - Rise from a prior base of zero. Clear - Prior short position falls to zero. New - Listed since last settlement date. S - Figures adjusted for stock split or dividend. R - Prior figures revised. Sources: New York Stock Exchange, American Stock Exchange, Nasdaq Stock Exchange, and ILX Systems Inc. (s) Stock split or dividend in current month only. (r) previous month revised. (n) New York Stock Exchange. (q) Nasdaq Stock Exchange. Compiled by American Banker.
American Banker © 2000