Seeking Alpha

After opening lower in response to a soft NAHB housing index reading, Zillow (Z +4.5%) and...

After opening lower in response to a soft NAHB housing index reading, Zillow (Z +4.5%) and Trulia (TRLA +3%) rallied, with the former making new post-IPO highs. From 12/14/12 to 2/28/13, Zillow's short interest fell from 9.4M shares to 6.5M, but the latter figures still equals 30% of its float.
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