2 Oversold Tech Stocks With High Short Interest
Contextuall | Dec 06, 2012 02:45AM ET
Recent Performance of the Stocks Mentioned Below:
Average 1-Week Return: -9.98%
Average 1-Month Return: -23%
Average 1-Year Return: 11.45%
1. GT Advanced Technologies Inc. (GTAT). Provides polysilicon production technology and multicrystalline ingot growth systems, and related photovoltaic (PV) manufacturing services for the solar industry worldwide. Short float at 31.95%. RSI(14) at 29.45.
2. Mellanox Technologies, Ltd. (MLNX). Engages in the design, development, marketing, and sale of interconnect products primarily in North America, Israel, Europe, and Asia. Short float at 14.44%. RSI(14) at 25.13.
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