Short Sellers Cautious on 3D Printing Stocks as Share Prices Rise

May 10, 2017 by Paul Ausick

Short interest during the two-week period ending April 28 rose on two of four 3D printing stocks we follow. As of that date, all four stocks had posted year-to-date gains ranging from around 12% to 68%.

Short interest in 3D Systems Corp. (NYSE: DDD) rose by 3.1% to 25.69 million shares. Some 23.6% of the company’s float was short. Days to cover slipped from 16 to 15. In the two-week short interest period, the share price rose by about 8.1%. The stock’s 52-week trading range is $11.59 to $19.21, and shares closed at $19.07 on Tuesday, up about 0.3% on the day. Shares have gained 43.5% since the beginning of the year, and the 52-week high was posted Tuesday.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 0.6% in the final two weeks of April to about 5.31 million shares, or 10.7% of the company’s float. Days to cover dropped from 12 to five. The share price rose by nearly 18% in the short interest period, and the stock closed at $27.86 on Tuesday, up about 2.4% on the day. The 52-week range is $16.37 to $28.00 and the stock posted its 52-week high on Tuesday. Shares are up 68.4% year to date.

Short interest in The ExOne Co. (NASDAQ: XONE) fell by 4.5% to 2.33 million shares. About 21.7% of the company’s shares were short. ExOne’s share price rose by about 6.1% in the two-week period. The stock’s 52-week range is $9.03 to $16.15, and shares closed at $10.51 on Tuesday, down about 2.8% for the day. Days to cover fell from 18 to 16 between the settlement dates. The share price is up 12.5% for the year to date.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 0.7% to 512,290 American depositary shares, with days to cover remaining unchanged at seven. The share price rose by 16.8% in the two-week period to April 28. The stock closed at $3.62 on Tuesday, unchanged for the day, in a 52-week range of $2.61 to $5.62. It is up about 26% for the year to date.

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.