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Advanced Micro Devices, Inc., Tesla Inc And Valeant Pharmaceuticals- Short Interest Update

The latest short interest data is out for AMD, Tesla and Valeant Pharmaceuticals. Here's how it looks.

The latest short interest data as of the June 30th is out. The likes of Advanced Micro Devices, Inc. (NASDAQ:AMD), Tesla Inc (NASDAQ:TSLA) and Valeant Pharmaceuticals Intl Inc (NYSE:VRX) are likely to be among the most keenly watched counters. Shares of Sunnyvale, California-based AMD have resumed their uptrend and are already up 14.5% in the month of July. Investors have cheered AMD stock in spite of rising competition. On the other hand, Tesla's 53% growth in delivery numbers has failed to match investor expectations and the stock has struggled recently after its amazing bull run which lasted until last week of June in 2017. There has been an increase in the clamor to short the stock but shorting Tesla shares now could be very risky. Valeant stock is marginally down after gaining by a massive 37.5% in June. Let's now take a closer look at the short interest figures for these names.

Short interest in AMD stock falls further.

Short interest in AMD stock has fallen by 6.7% in the latest fortnight. Short interest in AMD stood at about 145.10 million shares, down from nearly 155.43 million shares as of the previous reporting date, June 15. In the last reporting period, AMD had seen a marginal decline of 2% in short interest. Still, AMD is one of the most shorted stocks on the...