Short Sellers Pile Back Into the 3D Printing Sector

By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

3D printing
Thinkstock
Short interest in three of the four 3D printing companies we follow rose sharply in the most recent two-week period. Stock prices for these companies have been rising and, given their volatile histories, betting that they will fall again is not a bad play. The following information is based on data reported for the period ended June 13, 2014.

Short interest in 3D Systems Corp. (NYSE: DDD) rose 8% to 33.97 million shares. Some 32.6% of the company’s stock is short. Days to cover is up to 10. In the two-week short interest period to June 13, the share price fell 4%, and it is down about 41% for the year to date as of Tuesday’s close. The stock’s 52-week range is $43.26 to $97.28, and shares closed at $55.45 last night.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise 19.6% in the first two weeks of June to 6.99 million shares, or about 16.5% of the company’s float. Days to cover is now 8. Shares gained about 1.7% in the two-week period and have gained nearly 14% since June 13. Shares closed up about 0.6% Tuesday night at $107.92, a drop of nearly 20% for the year to date. The stock’s 52-week range is $79.83 to $138.10.

Short interest in ExOne Co. (NASDAQ: XONE) fell 5.7% to 3.18 million shares. About 30.4% of the company’s shares are now held short. Shares of ExOne rose less than 1% in the two-week period and closed at $35.60 Tuesday night, down about 43% year to date. The stock’s 52-week range is $24.34 to $78.80 and days to cover is 14.

Voxeljet A.G. (NYSE: VJET) saw short interest rise 10.3% to 1.74 million shares, with a days to cover number of 7. Since coming public at $19 in mid-October the share price is down about 36%. Year to date, shares are down nearly 58%, but rose about 1% in the two-week period to June 13. The stock closed at $18.40 last night in a post-IPO range of $12.85 to $70.00.

ALSO READ: Apple Joins the Five Most Heavily Shorted Nasdaq Stocks

Our $500K AI Portfolio

See us invest in our favorite AI stock ideas for free

Our Investment Portfolio

Continue Reading

Top Gaining Stocks

PSKY Vol: 39,522,785
+$1.21
+9.02%
$14.57
WBD Vol: 167,190,764
+$1.15
+4.41%
$27.23
MU Vol: 20,495,104
+$9.70
+4.09%
$246.92
+$11.30
+3.71%
$315.88
TAP Vol: 4,842,778
+$1.49
+3.30%
$46.62

Top Losing Stocks

APD Vol: 4,138,238
-$24.64
9.45%
$236.05
DG Vol: 6,759,741
-$8.10
6.12%
$124.27
INCY Vol: 3,881,532
-$5.82
5.68%
$96.70
ERIE Vol: 172,286
-$15.65
5.28%
$280.81
COO Vol: 4,170,752
-$3.37
4.13%
$78.04