Highest Short Interest in the Electronic Manufacturing Services Industry Detected in Shares of Echelon (ELON, MXWL, IPGP, TTMI, TRMB)
Below are the top five companies in the Electronic Manufacturing Services industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.
Echelon (NASDAQ:ELON) has a short interest ratio of 17.3 based on average daily volume of 218,000 shares and 3.8 million shares short. That equates to 9.2% of the 41.3 million shares outstanding.
Maxwell Technologies (NASDAQ:MXWL) has a short interest ratio of 14.7 based on average daily volume of 210,000 shares and 3.1 million shares short. That equates to 11.8% of the 26.4 million shares outstanding.
IPG Photonics (NASDAQ:IPGP) has a short interest ratio of 11.1 based on average daily volume of 118,000 shares and 1.3 million shares short. That equates to 2.9% of the 46.2 million shares outstanding.
TTM Technologies (NASDAQ:TTMI) has a short interest ratio of 9.4 based on average daily volume of 573,000 shares and 5.4 million shares short. That equates to 6.7% of the 80 million shares outstanding.
Trimble Navigation (NASDAQ:TRMB) has a short interest ratio of 7.5 based on average daily volume of 662,000 shares and 5 million shares short. That equates to 4.1% of the 121.3 million shares outstanding.
SmarTrend is bearish on shares of MXWL and our subscribers were alerted to Sell on November 04, 2009 at $15.79. The stock has fallen 28.6% since the alert was issued.
Keywords: keywords: nasdaq:elon Echelon short interest
Company Information For: ELON
