This Week's Short Interest Developments: FSLR, TMOAF.PK, ILMN

by: Data Explorers

These 9 companies all announced earnings results last week. These stocks show some interesting price movements and changes in short interest. For example, the short base in First Solar (NASDAQ:FSLR) is close to its three year high, and earnings Thursday were well below expectations.

Tomtom (OTCPK:TMOAF) also disappointed and sentiment has been further hit by the announcement of the Google (NASDAQ:GOOG) entry to the satnav phone market. The short base is currently over 9% and has more than doubled in the past few weeks.

Illumina (NASDAQ:ILMN) returned to profit, but its guidance for Q4 was very downbeat. Moody's has been a perennial favourite with short sellers, but its earnings this week were a positive surprise and the share price recovered from an opening sharp fall.

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