Stocks to Watch : Speculative plays (CIEN) - Ciena - Takeover rumors persist. The short interest decreased 5% to 16,427,700 shares from 17,314,500 indicating that bears are covering their positions, buying back . (TLAB) - Tellab’s short interest dropped 24% over the last month. Tellabs is expected to earn $0.07 per share. I`m playing on the long side ...