This is interesting to say the least. The ticker is ironic. NASDAQ.com shows 9,390,200 shares short as of 6/13/08. Yahoo.com is showing the float at 9,050,000. Got to love naked shorts.
Someone got to tell the naked shorts that they're shorting the wrong Fed. Am I the only one who think it's funny that the Fed probably now owns the most mortgages in the country?