EasyBlog and SEO URLs

How can I get the URLs to EasyBlog posts to be shorter? I see the URL settings in EasyBlog --> Settings --> SEO --> Permalinks, but this still makes for a long URL. How can I configure EasyBlog to make URLs in the format of: http://mysite.com/blog/title-of-post ?
Currently, the default setting yields: http://mysite.com/component/easyblog/entry/menu-item/title-of-post

Thanks,
Ari