As of mid-January, short interest in 2,744 NASDAQ Global MarketSM securities totaled 6,736,950,189 shares compared with 6,777,076,690 shares in 2,742 Global Market issues for the month of December.


The January short interest represents 3.84 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.71 days in December. Short interest in 535 securities on The NASDAQ Capital MarketSM totaled 147,414,200 shares for January, compared with 147,333,047 shares in 546 securities for the month of December. This represents 1.68 days average daily volume, compared with last month's figure of 1.56.

In summary, short interest in all 3,279 NASDAQ® securities totaled 6,884,364,389 shares for January, compared with 3,288 issues and 6,924,409,737 shares in December. This is 3.74 days average daily volume, compared with last month's average of 3.60 days.

The open short-interest positions reported for each NASDAQ security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.

The monthly NASDAQ short-interest figures are current as of the 14th of the month and are released to the media after the market close on the seventh business day following that date. The figures this month include all short-interest positions reported from December 12, 2006 through January 9, 2007 and settled as of January 12, 2007.

The total NASDAQ short positions for the preceding 12 months and current month follow: