Short Sellers Still Wary of Price Rises in 3D Printing Stocks

June 27, 2017 by Paul Ausick

Short interest during the two-week period ending June 15 rose on just one of four 3D printing stocks we follow. As of that date, the four stocks had posted year-to-date gains ranging from around 40% to around 80%.

Short interest in 3D Systems Corp. (NYSE: DDD) rose by 1.5% to 23.56 million shares. Some 21.6% of the company’s float was short. Days to cover was 11. In the two-week short interest period, the share price rose by about 1.2%. The stock’s 52-week range is $11.59 to $23.70, and shares closed at $21.28 on Monday, down about 3% on the day. Shares have gained about 60% since the beginning of the year.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest fall by 11.4% in the first two weeks of June to about 4.68 million shares, or 9.5% of the company’s float. Days to cover rose from three to eight. The share price fell by 2.4% in the period, and the stock closed at $24.39 on Monday, down about 11.4% on the day, in a 52-week range of $16.37 to $30.88. Shares are up nearly 48% year to date, but a downgrade from Goldman Sachs clobbered the stock yesterday.

Short interest in The ExOne Co. (NASDAQ: XONE) fell by 5.1% to 2.16 million shares. About 20% of the company’s shares was short. ExOne’s share price fell by about 2.5% in the period. The stock’s 52-week range is $9.08 to $16.15, and shares closed at $13.01 on Monday, down about 1.9% for the day. Days to cover rose from 10 to 17. The share price is up more than 39% for the year to date.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 28% to 537,942 American depositary shares, with days to cover at four. The share price rose by 1.9% in the two weeks to June 15. It was at $5.17 on Monday’s close, down 1.3% for the day, in a 52-week range of $2.61 to $6.00. Voxeljet is up about 80% for the year to date.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.