Short Interest: Transocean (RIG), Noble Corp. (NE), Dollar General Corp (DG), Family Dollar Stores (FDO), DryShips, Inc. (DRYS)

Recent short interest data for the 8/29/2014 settlement date shows a fractional decrease in short interest for shares of Transocean Ltd. (RIG). As of August 29, the short interest for the offshore contract drilling oil services company totaled 68,697,744 shares, as compared to 68,949,806 shares since August 15, a decline of -0.37%. Average daily volume [AVM] for the same period fell by 2.08M to 5,386,378 shares from 7,467,157 shares. It is worth mentioning that ticker’s short interest has surged by almost 50M shares, or 266.81%, from the 1/15/2014 settlement date.

Based on the latest AVM, the days-to-cover ratio — a metric that includes both the total shares short and the average daily volume of shares traded — is currently 12.75 days. Days-to-cover for RIG increased to 12.75 for the August 29 settlement date, as compared to 9.23 days at the August 15 report.

Transocean Ltd. has a beta of 2.16 and a short float of 20.99%. In the past 52 weeks, shares of the Vernier, Switzerland-based company have traded between a low of $35.79 and a high of $55.74 and are now at $35.86. Shares are down 23.36% year-over-year and 27.44% year-to-date.

Recent short interest data for the 8/29/2014 settlement date shows an increase in short interest for shares of Noble Corp. (NE). As of August 29, the short interest for the offshore oil drilling contractor totaled 21,229,881 shares, as compared to 20,007,737 shares since August 15, an increase of 6.11%. Average daily volume [AVM] for the same period fell by 2.89M to 3,207,063 shares from 6,104,157 shares. It is worth mentioning that ticker’s short interest has spiked by more than 15M shares, or 245.52%, from the 2/14/2014 settlement date.

Based on the latest AVM, the days-to-cover ratio — a metric that includes both the total shares short and the average daily volume of shares traded — is currently 6.61 days. Days-to-cover for NE increased to 6.61 for the August 29 settlement date, as compared to 3.27 days at the August 15 report.

Noble Corp. has a beta of 1.87 and a short float of 8.94%. In the past 52 weeks, shares of the London-based company have traded between a low of $25.06 and a high of $35.54 and are now at $25.95. Shares are down 34.19% year-over-year and 30.74% year-to-date.

Recent short interest data for the 8/29/2014 settlement date shows an increase in short interest for shares of Dollar General Corporation (DG). As of August 29, the short interest for the discount retailer totaled 7,927,133 shares, as compared to 6,988,616 shares since August 15, an increase of 13.43%. Average daily volume [AVM] for the same period jumped by about 3.37M to 9,221,319 shares from 5,851,068 shares. It is worth mentioning that ticker’s short interest has declined by more than 2M shares, or 20.55%, from the 5/30/2014 settlement date.

Based on the latest AVM, the days-to-cover ratio — a metric that includes both the total shares short and the average daily volume of shares traded — is currently 1.00 day. Days-to-cover for DG decreased to 1.00 for the August 29 settlement date, as compared to 1.19 days at the August 15 report.

Dollar General Corporation has a beta of 0.31 and a short float of 2.62%. In the past 52 weeks, shares of the Goodlettsville, Tennessee-based company have traded between a low of $53.00 and a high of $65.99 and are now at $63.93. Shares are up 12.49% year-over-year and 5.98% year-to-date.

Recent short interest data for the 8/29/2014 settlement date shows a decrease in short interest for shares of Family Dollar Stores Inc. (FDO). As of August 29, the short interest for the operator of a chain of self-service retail discount stores totaled 7,307,510 shares, as compared to 7,973,897 shares since August 15, a decline of -8.36 %. Average daily volume [AVM] for the same period jumped by 1.42M to 3,975,121 shares from 2,547,715 shares. It is worth mentioning that ticker’s short interest has jumped by more than 3M shares, or 72%, from the 3/14/2014 settlement date.

Based on the latest AVM, the days-to-cover ratio — a metric that includes both the total shares short and the average daily volume of shares traded — is currently 1.83 days. Days-to-cover for FDO declined to 1.83 for the August 29 settlement date, as compared to 3.12 days at the August 15 report.

Family Dollar Stores Inc. has a beta of 0.38 and a short float of 8.33%. In the past 52 weeks, shares of the Matthews, North Carolina-based company have traded between a low of $55.64 and a high of $80.97 and are now at $78.49. Shares are up 8.86% year-over-year and 20.81% year-to-date.

Recent short interest data for the 8/29/2014 settlement date shows a decrease in short interest for shares of DryShips, Inc. (DRYS). As of August 29, the drybulker’s short interest totaled 6,133,984 shares, as compared to 8,125,084 shares since August 15, a decline of -24.51%. Average daily volume [AVM] for the same period fell by 706,000 to 4,711,107 shares from 5,417,097 shares. It is worth mentioning that ticker’s short interest has declined by more than 8.7M shares, or 58.66%, from the 3/31/2014 settlement date.

Based on the latest AVM, the days-to-cover ratio — a metric that includes both the total shares short and the average daily volume of shares traded — is currently 1.30 days. Days-to-cover for DRYS decreased to 1.30 for the August 29 settlement date, as compared to 1.49 days at the August 15 report.

DryShips, Inc. has a beta of 3.00 and a short float of 1.63%. In the past 52 weeks, shares of Athens, Greece-based company have traded between a low of $2.65 and a high of $5.00 and are now at $2.94. Shares are up 1.38% year-over-year ; down 37.45% year-to-date.

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