Investors Are Betting Against These 10 Tech Companies

Tech stocks have benefited from an amazing run over the past 5 years, as evidenced by the Nasdaq hitting a new 5 year high today.  However, there are still tech companies out there that investors are betting against.  Investors are moving in scale to short, or place bets that shares of certain tech companies will plummet.

So what tech companies are investors betting against?

Below are the top 10 shorted tech companies (with a market cap above $2B):

 

10- $SUNE

sun1

Company: SunEdison, Inc.
Ticker: SUNE
Short Interest: 25.2%
YTD 2014 Performance: 75.4%
Sector: Semiconductor – Integrated Circuits

9- $SYNA

syn

Company: Synaptics Inc.
Ticker: SYNA
Short Interest: 25.5%
YTD 2014 Performance: 77.0%
Sector: Application Software

#8- $CRTO

critero

Company: Criteo SA
Ticker: CRTO
Short Interest: 26.3%
YTD 2014 Performance: 6.6%
Sector: Internet Information Providers

#7- $VEEV

veeva

Company: Veeva Systems Inc.
Ticker: VEEV
Short Interest: 27.2%
YTD 2014 Performance: -21.4%
Sector: Healthcare Information Services

#6- $SCTY

solar

Company: SolarCity Corporation
Ticker: SCTY
Short Interest: 29.2%
YTD 2014 Performance: 26.9%
Sector: Semiconductor – Specialized

5- $UBNT

ubi

Company: Ubiquiti Networks, Inc.
Ticker: UBNT
Short Interest: 31.6%
YTD 2014 Performance: 0.4%
Sector: Wireless Communications

#4- $BBRY

black1

Company: Research In Motion Limited
Ticker: BBRY
Short Interest: 31.8%
YTD 2014 Performance: 43.3%
Sector: Diversified Communication Services

#3- $DDD

3d

Company: 3D Systems Corp.
Ticker: DDD
Short Interest: 32.6%
YTD 2014 Performance: -33.0%
Sector: Computer Peripherals

#2- $GTAT

gtat

Company: GT Advanced Technologies Inc.
Ticker: GTAT
Short Interest: 34.3%
YTD 2014 Performance: 126.7%
Sector: Semiconductor – Specialized

#1- $ATHM

auto

Company: Autohome Inc.
Ticker: ATHM
Short Interest: 36.1%
YTD 2014 Performance: -0.3%
Sector: Internet Information Providers

source data: FinViz.com