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Internap sees biggest short interest decline in late June

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Internap sees biggest short interest decline in late June

reached the topof the list of communications companies with the steepest declines in shortinterest in late June.

Accordingto SNL Kagan data, the Atlanta-based company's short interest dropped 329 basispoints between June 15 and June 30 to 0.66% of outstanding shares.

took the leadamong the short interest gainers, adding 241 basis points to 6.17% ofoutstanding shares.

the most heavily shortedcommunications stock, with short interest on 26.57% of outstanding shares as ofJune 30.  

SNL Kagan is an offering ofS&P Global Market Intelligence.