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The following is a list of tech stocks that have lagged the performance of the sector over the last year. Short-sellers, it seems, think that there's more bad news to come with these names. All of these stocks have seen significant increase in short interest over the last three months.

Is this pessimism justified? Short trends data sourced from AOL Money. Full analysis below.



The list has been sorted alphabetically. Please note, all short trends described occurred between 6/30 and 9/30.

1. Beckman Coulter Inc. (BEC): Scientific & Technical Instruments Industry. Market cap of $3.38B. The stock has lost -28.82% over the last year. The short ratio has increased from 3.2 to 5.3, with shares shorted increasing from 2.06 M to 4.88 M.

2. Cincinnati Bell Inc. (CBB): Telecom Services Industry. Market cap of $509.95M. The stock has lost -23.1% over the last year. The short ratio has increased from 15.1 to 25.6, with shares shorted increasing from 17.42 M to 27.41 M.

3. Equinix, Inc. (EQIX): Telecom Services Industry. Market cap of $3.44B. The stock has lost -23.25% over the last year. The short ratio has increased from 5.7 to 12.8, with shares shorted increasing from 7.18 M to 7.29 M.

4. Electronic Arts Inc. (ERTS): Multimedia & Graphics Software Industry. Market cap of $5.09B. The stock has lost -22.88% over the last year. The short ratio has increased from 2.1 to 4.9, with shares shorted increasing from 13.85 M to 19.36 M.

5. The Knot, Inc. (KNOT): Internet Information Providers Industry. Market cap of $306.7M. The stock has lost -21.92% over the last year. The short ratio has increased from 6.2 to 11.5, with shares shorted increasing from 1.65 M to 1.73 M.

6. Pegasystems Inc. (PEGA): Business Software & Services Industry. Market cap of $937.65M. The stock has lost -26.1% over the last year. The short ratio has increased from 7.6 to 7.9, with shares shorted increasing from 1.91 M to 2.63 M.

7. Perfect World Co., Ltd. (PWRD): Application Software Industry. Market cap of $1.45B. The stock has lost -35.26% over the last year. The short ratio has increased from 2.7 to 5.8, with shares shorted increasing from 2.10 M to 2.55 M.

8. Research In Motion Limited (RIMM): Diversified Communication Services Industry. Market cap of $25.74B. The stock has lost -26.31% over the last year. The short ratio has increased from 1.2 to 1.6, with shares shorted increasing from 17.21 M to 33.06 M.

9. STEC, Inc. (STEC): Data Storage Devices Industry. Market cap of $729.85M. The stock has lost -41.63% over the last year. The short ratio has increased from 3.7 to 5.1, with shares shorted increasing from 6.23 M to 8.45 M.

10. Suntech Power Holdings Co. Ltd. (STP): Diversified Electronics Industry. Market cap of $1.57B. The stock has lost -41.32% over the last year. The short ratio has increased from 4.7 to 6.1, with shares shorted increasing from 15.82 M to 17.82 M.

11. Sykes Enterprises, Incorporated (SYKE): Information Technology Services Industry. Market cap of $704.36M. The stock has lost -38.62% over the last year. The short ratio has increased from 3.3 to 6.5, with shares shorted increasing from 1.52 M to 2.16 M.

12. TNS Inc. (TNS): Communication Equipment Industry. Market cap of $485.27M. The stock has lost -34.87% over the last year. The short ratio has increased from 7.3 to 8.7, with shares shorted increasing from 1.22 M to 1.37 M.

13. Tessera Technologies Inc. (TSRA): Semiconductor Equipment & Materials Industry. Market cap of $946.52M. The stock has lost -38.13% over the last year. The short ratio has increased from 4 to 6.7, with shares shorted increasing from 2.55 M to 2.61 M.

Disclosure: No positions

Source: 13 Underperforming Tech Stocks Targeted by Short Sellers