Las Vegas, NV -- (SBWIRE) -- 07/01/2013 -- Advanced Micro Devices, Inc. (NYSE:AMD) declared that it gained 110 ranking among the most shorted S&P 500 companies. The company achieved this level by replacing Xylem.
Advanced Micro Devices, Inc said that NASDAQ mentioned that the ranking is based on short interest data from the most recent records. The company was 4.96 on 14th June and XYL was 5.56. The average of 500 components on the date was 3.94.
Advanced Micro Devices, Inc. (AMD) is semiconductor business that operates globally. The company delivers x86 microprocessors that can be standalone devices or incorporated as an accelerated processing unit. The microprocessors are used in commercial and consumer markets. The company offers chipsets for desktop, tablets and mobile devices.
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