TrimTabs Records Short Interest on Russell 3,000 Falls by 0.4% in the Second Half of May. Net short Selling in Seven of Ten Major Sectors.

Sausalito, CA - June 26, 2009 - In the first half of June (Jun 1-15), short interest on the Russell 3,000 stocks fell to 13.37 billion shares ($269 billion / 2.82% of market cap) from 13.42 billion shares ($265 billion / 2.80% of market cap) on May 29.

There was net short selling in seven of the ten major sectors with Energy and Health Care receiving the largest short interest inflows of $1.2 billion and $938 million, respectively. The sectors with the greatest short covering were Financials and Utilities, which posted short interest outflows of $459 million and $199 million, respectively.

TrimTabs Records Short Interest on Russell 3,000 Falls by 2.2% in First 1/2 of May; Big Short Covering in Financials and Information Technology

Sausalito, CA – May 28, 2009 - In the first half of May (May 1-15), short interest on the Russell 3,000 stocks dropped to 13.32 billion shares ($253 billion / 2.78% of market cap) from 13.62 billion shares ($260 billion / 2.88% of market cap) on April 30.

There was net short covering in eight of the ten major sectors with Financials and Information Technology receiving the largest short interest outflows of $2.9 billion and $2.0 billion, respectively. The only sectors with net short selling were Energy and Industrials, in which traders opened new short positions valued at $500 million and $169 million, respectively.

TrimTabs Records Short Interest on Russell 3,000 Falls by 2.4% in the Second Half of April; Heavy Short Covering in Consumer Discretionary and Informa

Sausalito, CA – May 12, 2009 - In the second half of April (Apr 16-30), short interest on the Russell 3,000 stocks dropped to 13.62 billion shares ($260 billion / 2.88% of market cap) from 13.95 billion shares ($259 billion / 2.94% of market cap) on March 31.

There was net short covering in eight of the ten major sectors with Consumer Discretionary and Information Technology receiving the largest short interest outflows of $3.1 billion and $2.5 billion, respectively. The only sectors with net short selling were Health Care and Utilities, in which traders opened new short positions worth $457 million and $183 million, respectively.

TrimTabs Investment Research Estimates U.S. Economy Shed 745,000 Jobs in April

Sausalito, CA - May 6, 2009 - TrimTabs Investment Research estimated today that the U.S. economy shed 745,000 jobs in April as wages and salaries plunged an adjusted 5.7% year-over-year. TrimTabs estimated that the economy shed a record 5 million jobs in the past 12 months.

"If job losses continue at the present rate, the unemployment rate could top 10% by summer," said TrimTabs CEO Charles Biderman.

In a research note, TrimTabs reported that income tax refunds are up 16.5% year-over-year this year, providing a short-term boost to consumption. Unfortunately for the economy, however, the support from refunds is winding down.

Moreover, TrimTabs explained that President Obama’s "Making Work Pay" tax credit is too small to help the economy over the longer term.

"The Obama tax credit will distribute $20 billion to consumers from May through July," said Biderman. "This amount is less than one-quarter of the $90 billion the Bush tax credit pumped into consumers’ pocketbooks in the same period last year."

Finally, TrimTabs reported that real-time income tax data indicates that the personal savings rate was 1.6% in March, well below the 4.2% estimated by the Bureau of Economic Analysis.

TrimTabs Estimates All Equity Mutual Funds Redeemed $411 Million in Week Ended Wednesday, April 22

Sausalito, CA – April 23, 2009– TrimTabs Investment Research estimates that all equity mutual funds posted an outflow of $411 million in the week ended Wednesday, April 22, versus a revised inflow of $2.7 billion in the previous week.

Equity funds that invest primarily in U.S. stocks posted an outflow of $1.6 billion, versus a revised inflow of $1.9 billion in the previous week. Equity funds that invest primarily in non-U.S. stocks had an inflow of $1.2 billion, versus a revised inflow of $808 million in the previous week. In addition, bond funds had an outflow of $370 million, versus a revised inflow of $5.5 billion in the previous week, and hybrid funds had an inflow of $1.6 billion, versus a revised inflow of $624 million in the previous week.

Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an outflow of $1.2 billion, versus an outflow of $4.5 billion in the previous week. ETFs that invest in non-U.S. stocks had an inflow of $876 million, versus an inflow of $1.3 billion in the previous week.

TrimTabs Estimates All Equity Mutual Funds Redeemed $5.2 Billion in Week Ended Wednesday, April 15

Sausalito, CA – April 16, 2009– TrimTabs Investment Research estimates that all equity mutual funds redeemed $5.2 billion in the week ended Wednesday, April 15, versus a revised inflow of $3.8 billion in the previous week.

Equity funds that invest primarily in U.S. stocks posted an outflow of $3.0 billion, versus a revised inflow of $3.2 billion in the previous week. Equity funds that invest primarily in non-U.S. stocks had an outflow of $2.2 billion, versus a revised inflow of $563 million in the previous week. In addition, bond funds had an inflow of $27 million, versus a revised inflow of $6.7 billion in the previous week, and hybrid funds had an outflow of $50 million, versus a revised inflow of $550 million in the previous week.

Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an outflow of $4.5 billion, versus an outflow of $1.4 billion in the previous week. ETFs that invest in non-U.S. stocks had an inflow of $1.3 billion, versus an inflow of $1.9 billion in the previous week.

TrimTabs Records Net Short Covering of $2.8 Billion in the Second Half of March

Sausalito, CA - April 14, 2009 - TrimTabs Investment Research estimates that in the second half of March (Mar 16-31), traders closed $2.8 billion in short positions on the Russell 3,000 stocks, reducing the aggregate short interest to 14.35 billion shares ($238 billion / 2.90% of market cap) on March 31 from 14.28 billion shares ($227 billion / 2.92% of market cap) on March 13. This was the first short interest outflow since the second half of January.

There was net short covering in seven of the ten major sectors with Consumer Discretionary and Information Technology receiving the largest short interest outflows of $2.1 billion and $1.1 billion, respectively. Financials and Health Care had the greatest net short selling of $2.0 billion and $354 million, respectively.