Microvision has the Highest Short Interest in the Electrical Components & Equipment Industry (MVIS, VICR, HEV, AMSC, VLNC)
Below are the top five companies in the Electrical Components & Equipment industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.
Microvision (NASDAQ:MVIS) has a short interest ratio of 16.2 based on average daily volume of 688,000 shares and 11.2 million shares short. That equates to 12.6% of the 88.7 million shares outstanding.
Vicor (NASDAQ:VICR) has a short interest ratio of 15 based on average daily volume of 115,000 shares and 1.7 million shares short. That equates to 5.8% of the 29.9 million shares outstanding.
Ener1 Inc (NASDAQ:HEV) has a short interest ratio of 13.8 based on average daily volume of 716,000 shares and 9.9 million shares short. That equates to 7.8% of the 125.7 million shares outstanding.
American Superconductor (NASDAQ:AMSC) has a short interest ratio of 13.1 based on average daily volume of 933,000 shares and 12.2 million shares short. That equates to 27.3% of the 44.9 million shares outstanding.
Valence Technology (NASDAQ:VLNC) has a short interest ratio of 12 based on average daily volume of 763,000 shares and 9.2 million shares short. That equates to 6.8% of the 134.9 million shares outstanding.
SmarTrend is bearish on shares of VLNC and our subscribers were alerted to Sell on May 05, 2010 at $0.99. The stock has fallen 22.5% since the alert was issued.
