AMD Short Interest Rises To 71 Million Shares & CEO Sells Close To $36 Million Of Stock

$Advanced Micro Devices (AMD.US)$ $Xilinx (XLNX.US)$ While an increase in the short interest for a company is generally a negative sign indicating that more investors believe the share price will drop, in AMD's case it can also signify the resolution of its Xilinx merger proposal. Xilinx investors can hedge their bets for the company by taking short positions in AMD in the off event that the deal is not finalized and AMD's shares fall during the open market.