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When considering stocks, it's always helpful to gauge what the rest of the market thinks. One source for that is the number of shares shorted. Companies seeing significant increases in shares shorted are being viewed more negatively, and vice-versa.

We ran a screen on the tech sector for stocks seeing the most significant decreases in shares shorted month-over-month. This indicates that short sellers are less bearish on these names than they were before.

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

Do you think these stocks will outperform too? Use this list as a starting point for your own analysis.

1. Advanced Micro Devices, Inc. (NYSE:AMD): Operates as a semiconductor company in the United States, Japan, China, and Europe. Market cap at $1.87B, most recent closing price at $2.62. Shares shorted have decreased from 144.95M to 105.62M over the last month, a decrease which represents about 7.93% of the company's float of 496.27M shares. Days to cover ratio at 3.64 days.

2. Aruba Networks, Inc. (NASDAQ:ARUN): Provides distributed enterprise networks that securely connect local and remote users to corporate information technology resources worldwide. Market cap at $2.45B, most recent closing price at $21.78. Shares shorted have decreased from 23.14M to 20.36M over the last month, a decrease which represents about 2.59% of the company's float of 107.35M shares. Days to cover ratio at 7.83 days.

3. AsiaInfo-Linkage,Inc. (NASDAQ:ASIA): Provides telecommunications software solutions and information technology (IT) products and services to telecommunications carriers and other enterprises in the People's Republic of China. Market cap at $787.23M, most recent closing price at $10.83. Shares shorted have decreased from 2.73M to 2.16M over the last month, a decrease which represents about 1.13% of the company's float of 50.45M shares. Days to cover ratio at 9.12 days.

4. ASML Holding NV (NASDAQ:ASML): Engages in designing, manufacturing, marketing, and servicing semiconductor processing equipment used in the fabrication of integrated circuits. Market cap at $27.15B, most recent closing price at $64.67. Shares shorted have decreased from 21.97M to 13.51M over the last month, a decrease which represents about 2.66% of the company's float of 317.93M shares. Days to cover ratio at 4.79 days.

5. Cypress Semiconductor Corporation (NASDAQ:CY): Operates as a semiconductor company in the United States and internationally. Market cap at $1.42B, most recent closing price at $9.94. Shares shorted have decreased from 7.13M to 5.81M over the last month, a decrease which represents about 1.01% of the company's float of 131.10M shares. Days to cover ratio at 2.13 days.

6. Daqo New Energy Corp. (NYSE:DQ): Together with its subsidiaries, manufactures and sells polysilicon in China. Market cap at $312.25M, most recent closing price at $9.20. Shares shorted have decreased from 438.19K to 397.58K over the last month, a decrease which represents about 1.56% of the company's float of 2.61M shares. Days to cover ratio at 18.88 days.

7. Electronics for Imaging, Inc. (NASDAQ:EFII): Provides color digital print controllers, format printers and inks, and print management solutions worldwide. Market cap at $921.89M, most recent closing price at $19.80. Shares shorted have decreased from 2.48M to 1.76M over the last month, a decrease which represents about 1.56% of the company's float of 46.12M shares. Days to cover ratio at 4.45 days.

8. 8x8 Inc. (NASDAQ:EGHT): Develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications, as well as provides Web-based conferencing and unified communications services. Market cap at $534.6M, most recent closing price at $7.48. Shares shorted have decreased from 5.60M to 4.78M over the last month, a decrease which represents about 1.33% of the company's float of 61.45M shares. Days to cover ratio at 6.66 days.

9. Sourcefire, Inc. (NASDAQ:FIRE): Provides intelligent Cybersecurity solutions for information technology; environments of commercial enterprises, such as healthcare, financial services, manufacturing, energy, education, retail, and telecommunications; and federal, state, and international government organizations worldwide. Market cap at $1.33B, most recent closing price at $44.22. Shares shorted have decreased from 5.40M to 4.69M over the last month, a decrease which represents about 2.44% of the company's float of 29.10M shares. Days to cover ratio at 6.57 days.

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

Source: Short Sellers Think These 9 Technology Stocks Are Ready To Rebound