Investors are Betting Against Qihoo 360 Technology Co Ltd (QIHU), Should You? - Tale of the Tape


Many investors appear to be quite bearish on Qihoo 360 Technology Co Ltd ( QIHU ) , especially if you look at the percentage of the float that is sold short for this stock. Currently, 21.09% of the float is sold short, suggesting an extreme level of bearishness for QIHU .

However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank #1(Strong Buy) on QIHU, so we clearly don't believe in the negativity surrounding this firm, and are instead looking for shares of QIHU to move higher in the weeks ahead.

QIHOO 360 TECH (QIHU): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: QIHU

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