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TriQuint (NASDAQ:TQNT) announces earnings Wednesday. The share price has been in a steady uptrend, with various pieces of positive news including a recent defense contract. However, the short base has also been rising, currently standing at 3% from the low of 1% which was touched in August.

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[Editors Note: TriQuint is down 20% to $6.45 after hours on Wednesday]

Source: TriQuint's Short Base Rises with Its Good News