Ever since it’s successful launch, one success after another keeps falling into Apple (NASDAQ:AAPL)’s lap. Apple (NASDAQ:AAPL) after the initial success of its iPhone sales is looking more optimistic and strong than ever. Being in this position and standing firm requires constant hard work and struggle. But this time Apple (NASDAQ:AAPL) had its moment of success through the stock market. Apple (NASDAQ:AAPL)’s short interest rose 30% between September 15 and September 30th. It even managed to cross giants like Microsoft on its way up.
Otherwise the list was made up of the usual stocks. The ones that made it to the list of top five had short interest of over 100 million shares towards the end of their period.
First on the list is, Sirius XM Holdings Inc (NASDAQ:SIRI) an American broadcasting company that provides two satellite radio services operating in the United States, Sirius Satellite Radio and XM Satellite Radio. Sirius XM Holding (NASDAQ:SIRI) whose shares increased from 5.70 million to over 249.84 million. During this time, Sirius lost a royalties related suit which led to a price fall and stock was under 3% for the two weeks but eventually pulled through. Its shares closed at $3.28 on Thursday.
Next in line is the Frontier Communications Corp (NASDAQ:FTR), a telephone company in the United States, mainly serving rural areas and smaller communities. It was known as Citizens Utilities Company until May 2000 and Citizens Communications Company until July 31, 2008. Frontier Communications shares slipped by 14.9% after it announced changes in its management. But two weeks until September 30th the stocks rose by 2% to $5.93 in 52 weeks.
Intel Corp (NASDAQ:INTC) is one of the world’s largest and most valued, in terms of revenue, semiconductor chip manufacturers. Intel (NASDAQ:INTC) was short by 124.18 million shares. But within four days it recovered, the share price halted, resulting in share price of $33.62 on Thursday with a 52 week range between $22.82 and $35.56. But the shares were still up by 32% year-to-date.
Micron Technology Inc (NASDAQ:MU) is a multinational American corporation, best known for producing many forms of semiconductor devices. This includes DRAM, SDRAM, flash memory, and SSDs. Micron Technology Inc (NASDAQQ:MU) faced short interest of 105.00 million shares by the end of the month. It’s total float at 9.9%, with less than four days to cover. Regardless of the situation Micron (NASDAQ:MU) reported better results than they anticipated; the Thursday’s session closed at a value $30.64. Stock’s range over 52 weeks was between $16.17 and $34.85 with recorded price gain of 14% for two weeks.
Lastly, Microsoft Corp (NASDAQ:MSFT), a well known name that develops, manufactures, licenses, supports and sells computer software, consumer electronics and personal computers and services. Company’s shares shot up by 30%, making it not only the largest gain for the stock, but also showing its peak level in a year. The shares short were of 100.34 million, with two days recovery time at 1.3% of float. Eventually the stock closed at $45.85 on Thursday, with the 52 week range between $33.57 and $47.57.
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