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Saturday, January 15, 2011 3:54:33 PM
Jan 14, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the top five companies in the Internet Software & Services industry ranked by the lowest short interest ratio. A low short interest ratio may indicate that there are only a few people who are bearish on the stock.
WebMediaBrands (WEBM) has a short interest ratio of 0.2 based on average daily volume of 278,000 shares and 64,000 shares short. That equates to 0.2% of the 37.7 million shares outstanding.
CryptoLogic (CRYP) has a short interest ratio of 0.3 based on average daily volume of 220,000 shares and 70,000 shares short. That equates to 0.5% of the 12.9 million shares outstanding.
Artificial Life (ALIF) has a short interest ratio of 0.9 based on average daily volume of 120,000 shares and 111,000 shares short. That equates to 0.2% of the 63.8 million shares outstanding.
Baidu (BIDU) has a short interest ratio of 1 based on average daily volume of 8 million shares and 8 million shares short. That equates to 2.3% of the 352.2 million shares outstanding.
CrowdGather (CRWG) has a short interest ratio of 1.1 based on average daily volume of 354,000 shares and 377,000 shares short. That equates to 0.8% of the 46.4 million shares outstanding.
SmarTrend currently has shares of WebMediaBrands in an Uptrend and issued the Uptrend alert on November 16, 2010 at $1.00. The stock has risen 64% since the Uptrend alert was issued.
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