Bearish Stocks: Inovio Pharmaceuticals Inc (NYSEMKT:INO), BroadSoft Inc (NASDAQ:BSFT), KBR (NYSE:KBR), Ballard Power Systems (NASDAQ:BLDP)

Technology Stocks News 20

Inovio Pharmaceuticals (NYSE:INO)’s shares were the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 28,830,223 shares, a decline of 2.1% from the March 31st total of 28,233,502 shares, Analyst Ratings News reports.Inovio Pharmaceuticals Inc (NYSEMKT:INO)stock performance was -6.25% in last session and finished the day at $ 2.40. Traded volume was 5.94 million shares in the last session and the average volume of the stock remained 6.96 million shares. The beta of the stock remained 4.11. Inovio Pharmaceuticals Inc (NYSEMKT:INO) insider ownership is 2.80%

BroadSoft Inc. (NASDAQ:BSFT) issued an update on its FY14 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $1.26-1.46 for the period, compared to the Thomson Reuters consensus estimate of $1.36, StockRatingsNetwork.com reports. BroadSoft Inc (NASDAQ:BSFT)dropped -19.36% percent to $ 20.16 yesterday on volume of 4.98 million shares. The intra-day range of the stock was $ 18.88 – 21.98. BroadSoft Inc (NASDAQ:BSFT) has a market capitalization of $ 575.69 million.

KBR, Inc. (NYSE:KBR) has been the subject of a number of recent research reports. Analysts at Credit Agricole reiterated an “outperform” rating on shares of KBR in a research note on Thursday, April 10th. They now have a $32.00 price target on the stock. KBR, Inc. (NYSE:KBR)’s stock on May 5, 2014 reported a decrease of -6.23% to the closing price of $ 24.23. Its fifty two weeks range is $24.22 – 36.70. The total market capitalization recorded $ 3.57 billion. The overall volume in the last trading session was 4.03 million shares. In its share capital, KBR, Inc.(NYSE:KBR) has 147.19 million outstanding shares.

Ballard Power Systems (NASDAQ:BLDP) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 11,357,168 shares, a growth of 42.7% from the March 31st total of 7,961,505 shares,American Banking & Market News reports. On Friday, shares of Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)dropped -6.44% to close the day at $ 3.34. Company return on investment (ROI) is -47.00% and its monthly performance is recorded as -26.27%. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)quarterly revenue growth is 62.93%.

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