Short interest in 3D Systems fell 3.7% to 26.05 million shares. Some 27.8% of the company’s stock is short.
Short interest in Proto Labs declined by 10.2% to 2.74 million shares, or 13.6% of the company’s float.
Stratasys saw short interest drop by 5.4% in the last two weeks of July to 3.39 million shares, or about 12.3% of the company’s float.
Short interest in ExOne fell by 4.3% to 2.06 million shares. About 30.4% of the company’s shares are now held short.
3D printer stocks continue to trade near or at year-to-date highs. Last week’s positive earnings report from Stratasys put some more air under the stocks. ExOne reports earnings later this week, and analysts expect an earnings per share loss of $0.06 on revenues of $9.33 million. Anything better than that will boost all the players again and send the shorts out to cover. Could be an interesting few days.
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.