8 Tech Stocks With High Short Interest And Bearish Moving Averages
Contextuall | Dec 06, 2012 02:46AM ET
Recent Performance of the Stocks Mentioned Below:
Average 1-Week Return: -0.75%
Average 1-Month Return: -6.33%
Average 1-Year Return: -46.64%
1. ADTRAN Inc. (ADTN). Designs, manufactures, markets, and services network access solutions that enable voice, data, video, and Internet communications across wireline and wireless networks worldwide. Short float at 15.88%. SMA50 at $17.51 vs. SMA200 at $24.78.
2. Advanced Micro Devices, Inc. (AMD). Operates as a semiconductor company in the United States, Japan, China, and Europe. Short float at 21.59%. SMA50 at $2.48 vs. SMA200 at $5.08.
3. Finisar Corp. (FNSR). Designs, develops, manufactures, and markets optical subsystems and components that are used to interconnect equipment in short-distance local area networks (LANs), storage area networks (SANs), longer distance metropolitan area networks (MANs), fiber-to-the-home networks, cable television networks, and wide area networks. Short float at 14.42%. SMA50 at $12.81 vs. SMA200 at $15.05.
4. Groupon, Inc. (GRPN). Short float at 12.03%. SMA50 at $4.29 vs. SMA200 at $9.15.
5. 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%. SMA50 at $4.41 vs. SMA200 at $5.74.
6. InvenSense, Inc. (INVN). Short float at 13.65%. SMA50 at $11.43 vs. SMA200 at $13.11.
7. NII Holdings Inc. (NIHD). Provides wireless communication services to businesses and individuals primarily in Mexico, Brazil, Argentina, Peru, and Chile. Short float at 37.87%. SMA50 at $6.77 vs. SMA200 at $10.81.
8. Windstream Corporation (WIN). Provides communications and technology solutions in the United States. Short float at 12.94%. SMA50 at $9.38 vs. SMA200 at $9.89.
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