FireEye (FEYE)

[KING_TRADER$]

FireEye Sees Large Increase in Short Interest (FEYE)

http://www.dakotafinancialnews.com/fireeye-sees-large-increase-in-short-interest-feye/355597/

Shares of FireEye (NASDAQ:FEYE) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 18,561,173 shares, a growth of 6.6% from the July 15th total of 17,411,190 shares, Marketbeat.com reports. Based on an average daily volume of 6,999,078 shares, the days-to-cover ratio is currently 2.7 days. Currently, 15.0% of the shares of the stock are short sold.

15% of shares are shorted. With only so little of share count, this is the time to load up. Loading up for long term hold! FireEye has a lot of growth opportunity with its Security Network database.