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Do you like to follow smart money buying and selling trends? One group of smart money investors includes short sellers, who take positions that are profitable if a stock price falls.

We ran a screen on the technology industry to find which stocks investors are selling short.

We began by screening the technology industry for stocks with high growth prospects, with 5-year projected EPS growth above 15%.

We then screened these names for those with bearish sentiment from short sellers, with significant increases in shares shorted month-over-month as a percent of share float. This indicates that short sellers are more bearish on these names than they were a month ago.

Interactive Chart: Press Play to compare changes in market cap over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

Consider, from the chart above analysts on average seem to believe in the stocks' growth potential, giving them ratings of "moderate buy" and higher.

Do you think these stocks will underperform like short sellers expect in the near term? Or could this be a bigger picture issue, meaning the EPS growth rates are too optimistic?

Use this list as a starting point for your own analysis

1. magicJack VocalTec Ltd. (NASDAQ:CALL): Market cap at $328.39M, most recent closing price at $17.22. Shares shorted have increased from 3.46M to 4.71M over the last month, an increase which represents about 15.3% of the company's float of 8.17M shares. Days to cover ratio at 12.86 days.

5-year EPS growth at 17.5%.

2. Demand Media, Inc. (NYSE:DMD): Operates as a content and social media company in the United States. Market cap at $736.48M, most recent closing price at $8.53. Shares shorted have increased from 4.23M to 4.69M over the last month, an increase which represents about 1.42% of the company's float of 32.42M shares. Days to cover ratio at 12.29 days.

5-year EPS growth at 23%.

3. Freescale Semiconductor Holdings I, Ltd. (NYSE:FSL): Engages in processing semiconductors and solutions for automotive, networking, industrial, and consumer markets worldwide. Market cap at $2.17B, most recent closing price at $8.74. Shares shorted have increased from 10.11M to 12.57M over the last month, an increase which represents about 4.82% of the company's float of 51.02M shares. Days to cover ratio at 13.1 days.

5-year EPS growth at 15.65%.

4. Lam Research Corporation (NASDAQ:LRCX): Engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits. Market cap at $5.98B, most recent closing price at $34.91. Shares shorted have increased from 7.47M to 10.07M over the last month, an increase which represents about 1.52% of the company's float of 170.51M shares. Days to cover ratio at 2.82 days.

5-year EPS growth at 21.2%.

5. Mellanox Technologies, Ltd. (NASDAQ:MLNX): Engages in the design, development, marketing, and sale of interconnect products primarily in North America, Israel, Europe, and Asia. Market cap at $3.57B, most recent closing price at $84.30. Shares shorted have increased from 2.88M to 4.07M over the last month, an increase which represents about 3.27% of the company's float of 36.39M shares. Days to cover ratio at 3.26 days.

5-year EPS growth at 74%.

*Short data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 5 High-Growth Technology Stocks With Bearish Short Trends