The American Stock Exchange member and non-member organizations today reported short interest of 1,240,299,202 shares as of the February 29, 2008 settlement date, an increase of 66,410,478 from the 1,173,888,724 (adjusted) shares reported on February 15, 2008. The figure represents trades through February 26, 2008.
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The American Stock Exchange lists the units of BPW Acquisition Corp. under the ticker symbol BPW.U. The offering size is 35,000,000 units at $10.00 per unit for gross proceeds of $350,000,000 (excluding the underwriters’ over-allotment option). One unit equals one share of common stock and one warrant. Initially, the units will be the only security trading. Citigroup Global Markets Inc. is the lead underwriter on this IPO.
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Victoria Bay Asset Management, LLC and the American Stock Exchange announced the launch of trading in the United States Gasoline Fund, LP under the ticker symbol “UGA.”
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The American Stock Exchange today announced that Van Eck Global has launched its seventh ETF on the Exchange: Market Vectors–Lehman Brothers AMT-Free Short Municipal ETF (Amex: SMB).
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The American Stock Exchange lists the common stock of Lucas Energy, Inc. under the ticker symbol LEI.
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The American Stock Exchange listed the units of GHL Acquisition Corp. under the ticker symbol GHQ.U. The offering size is 40,000,000 units at $10.00 per unit for gross proceeds of $400,000,000 (excluding the underwriters’ over-allotment option).
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The American Stock Exchange has launched trading in three new exchange traded funds (ETFs) from Claymore Securities, Inc.: the Claymore U.S. Capital Markets Bond ETF (UBD), the Claymore U.S. Capital Markets Micro-Term Fixed Income ETF (ULQ) and the Claymore U.S.-1 -- The Capital Markets Index ETF (UEM). These three new ETFs bring the total number of ETFs listed on the Amex to 388.
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The American Stock Exchange lists the common stock of Asia Time Corp. under the ticker symbol TYM.
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The American Stock Exchange lists the common stock of Wizzard Software Corporation under the ticker symbol WZE.
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The American Stock Exchange listed the units of Overture Acquisition Corp. on January 31, 2008, under the ticker symbol NLX.U. The offering size is 15,000,000 units at $10.00 per unit for gross proceeds of $150,000,000 (excluding the underwriters' over-allotment option).
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The American Stock Exchange has launched trading in the PowerShares Preferred Portfolio (Amex: PGX) by PowerShares Capital Management LLC. This product brings the total number of ETF listings on the Amex to 385.
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The American Stock Exchange lists common stock of China Shen Zhou Mining & Resources, Inc. under the ticker symbol SHZ.
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