Another beaten-down stock with a huge short interest is SodaStream International ( SODA), which, along with its subsidiaries, is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products. This stock is actually up in the last three months by 26%, and for the full year it's up by over 66%. That said, over the past couple of weeks, SodaStream has dropped from its 52-week high of $63.20 to its current price of close to $52 a share. This company has a market cap of $1.05 billion and an enterprise value of $987 million. It's a high-growth stock that trades at a premium multiple of 53 times trailing earnings and 39 times forward earnings. SodaStream is forecasted to growth its earnings over the next five years at over 33%, which again is why this stock fetches such a high multiple. Lots of traders are concerned that SodaStream could turn into a fad stock, but when the company is seeing its revenue and adjusted earnings grow by 50% and 141%, respectively, in its latest quarter, it's hard to slap that kind of label on the stock so quickly. As long as SodaStream can continue to penetrate the home market with cheap soda-making machines, then you're going to see sales continue to skyrocket. Over the last two quarters, SodaStream has sold 1.3 million of its popular home soda-making starter kids. The company estimates that it has 4.5 million active customers who use its product. That tells me that SODA is still very early into its grow story when you consider how much more penetration into the U.S. market -- 307 million people -- is possible. From a technical standpoint, SODA has pulled back in the last few weeks very close to its 50-day moving average of $50.02. I would look to buy this stock any weakness as long as it holds above that 50-day and you don't see any expansion of volume selling through that level. Add to this position aggressively if SODA takes out some near-term resistance at $55 a share. The current short interest as a percentage of the float for SODA is a huge 45.4%. The bears have also been increasing their bets from the last reporting period by 14.5%, or by around 506,866 shares. If this company continues to execute on their growth strategy, then the short-sellers here are in for a world of hurt. This one you have to watch in case we see a market rebound, because it will soar if we do.