3 Tech Sector Short Seller Targets Stuck In A Bearish Downtrend
Contextuall | Dec 07, 2012 03:15AM ET
Recent Performance of the Stocks Mentioned Below:
Average 1-Week Return: -5.14%
Average 1-Month Return: -12.58%
Average 1-Year Return: -36.71%
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%. Stock trading -5.22% below the 20-day SMA, -25.75% below the 50-day SMA, and -43.54% below the 200-day SMA.
2. InvenSense, Inc. (INVN). Short float at 13.65%. Stock trading -3.38% below the 20-day SMA, -11.7% below the 50-day SMA, and -23.32% below the 200-day SMA.
3. Yelp, Inc. (YELP). Short float at 40.74%. Stock trading -2.14% below the 20-day SMA, -19.62% below the 50-day SMA, and -19.04% below the 200-day SMA.
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