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If you have your eye on companies reporting earnings next week, here is a list of those with some of the most bullish sentiment going into their reports.

We screened the companies reporting quarterly earnings next week for those that are rallying above their 20-day, 50-day, and 200-day moving averages. These companies have also seen significant decreases in the number of shares shorted month-over-month.

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

We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.

Do you think the market is calling it right on these companies’ earnings reports? Use this list as a starting-off point for your own analysis.

List sorted by market cap.

1. PriceSmart Inc. (PSMT): Market cap at $1.51B. Shares shorted have decreased month-over-month from 2.00M to 1.92M, a change representing 0.45% of the company's 17.97M share float. Price is currently 12.44% above its 20-Day SMA, 16.30% above its 50-Day SMA, and 39.26% above its 200-Day SMA. Earnings to be reported on 07/08/11.

2. Zep, Inc. (ZEP): Market cap at $401.28M. Shares shorted have decreased month-over-month from 963.55K to 872.73K, a change representing 0.42% of the company's 21.41M share float. Price is currently 1.73% above its 20-Day SMA, 0.19% above its 50-Day SMA, and 1.70% above its 200-Day SMA. Earnings to be reported on 07/07/11.

3. Miller Petroleum, Inc. (MILL): Market cap at $258.65M. Shares shorted have decreased month-over-month from 2.45M to 2.17M, a change representing 1.11% of the company's 25.22M share float. Price is currently 8.45% above its 20-Day SMA, 10.94% above its 50-Day SMA, and 18.77% above its 200-Day SMA. Earnings to be reported on 07/08/11.

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

Source: 3 Rallying Companies Reporting Earnings Next Week on Decreasing Shares Shorted