General Electric (GE) Most Shorted Conglomerate on NYSE

General Electric Company (NYSE:GE) is the most shorted conglomerate on the New York Stock Exchange at this time, with 68,205,817 shares sold short on April 29th, 2011.

Another 63,091,905 shares were sold short on April 15, with the boost being over 5 million shares sold between the two dates.

General Electric Company operates as a technology, media, and financial services company around the world. It has a strong presence in the energy sector as well.

General Electric closed Monday at $19.76, down $0.13, or 0.65 percent.