Jump In Reuters Short Interest Provokes Questions

THIS WEEK'S LEAD STORIES

Short interest in American depository receipts (ADRs) for Reuters Holdings PLC topped the NASDAQ volume list last month, and Reuters officials are not exactly sure why. From Jan. 15 to Feb. 15 the volume was approximately 1.8 million units; the next month it jumped to over 12 million, nearly a 700 percent leap.

"My first reaction to the story this morning was that there was a typographical error [in published reports]," says one industry observer. "I think there's probably a technical explan

To continue reading...