Moody's, McGraw-Hill Short Interest Rose in July on Subprime Debt Crisis

(Bloomberg) -- Short interest in shares of Moody's
Corp. and McGraw-Hill Cos. jumped in the past month, a sign
investors are betting the companies' credit-rating divisions will
be hurt as losses from subprime mortgages curb new bond sales.

The short interest on New York-based Moody's was 23 million
shares in early July, up 28 percent from early June, according to
data compiled by Bloomberg. Short interest on McGraw-Hill, owner
of Standard & Poor's, rose 7.8 percent to 6.3 million shares.


Read more at Bloomberg Bonds News