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Jive Software Inc. (JIVE) has a short interest of 34% and is down 26% over the last three months – Jive reported 2Q revenues above estimates, at $27 million versus $26.6 million, and EPS in line with estimates. The 2Q results also showed 59% growth in year over year organic product revenue growth. Europe continues to be a drag on the company. Jive’s software is still developing and shows lots of risks given the young market.