Top 10 Media Stocks with Highest Short Interest: MNI, IMAX, GCI, MEG, SCHL, ROVI, MSO, MDP, LEE, NYT (Aug 23, 2010)

Below are the top 10 Media stocks with the highest short interest as a percentage of total shares outstanding. Short Squeeze and Short Covering can cause these stocks to rise sharply.

The McClatchy Company (NYSE:MNI) has the 1st highest short interest in this segment of the market. Its short interest is 22.3% of its total shares outstanding. Its Days to Cover is 16.27, calculated as current short interest divided by average daily volume. IMAX Corporation (USA) (NASDAQ:IMAX) has the 2nd highest short interest in this segment of the market. Its short interest is 15.7% of its total shares outstanding. Its Days to Cover is 6.98, calculated as current short interest divided by average daily volume. Gannett Co., Inc. (NYSE:GCI) has the 3rd highest short interest in this segment of the market. Its short interest is 12.8% of its total shares outstanding. Its Days to Cover is 5.32, calculated as current short interest divided by average daily volume. Media General, Inc. (NYSE:MEG) has the 4th highest short interest in this segment of the market. Its short interest is 9.8% of its total shares outstanding. Its Days to Cover is 13.74, calculated as current short interest divided by average daily volume. Scholastic Corporation (NASDAQ:SCHL) has the 5th highest short interest in this segment of the market. Its short interest is 8.4% of its total shares outstanding. Its Days to Cover is 12.71, calculated as current short interest divided by average daily volume.

Rovi Corporation (NASDAQ:ROVI) has the 6th highest short interest in this segment of the market. Its short interest is 8.2% of its total shares outstanding. Its Days to Cover is 7.68, calculated as current short interest divided by average daily volume. Martha Stewart Living Omnimedia, Inc. (NYSE:MSO) has the 7th highest short interest in this segment of the market. Its short interest is 7.5% of its total shares outstanding. Its Days to Cover is 13.56, calculated as current short interest divided by average daily volume. Meredith Corporation (NYSE:MDP) has the 8th highest short interest in this segment of the market. Its short interest is 7.2% of its total shares outstanding. Its Days to Cover is 8.41, calculated as current short interest divided by average daily volume. Lee Enterprises, Incorporated (NYSE:LEE) has the 9th highest short interest in this segment of the market. Its short interest is 6.6% of its total shares outstanding. Its Days to Cover is 13.02, calculated as current short interest divided by average daily volume. The New York Times Company (NYSE:NYT) has the 10th highest short interest in this segment of the market. Its short interest is 5.8% of its total shares outstanding. Its Days to Cover is 4.71, calculated as current short interest divided by average daily volume.