Short Sellers Jump Back Into 3D Printing Stocks
Short interest in 3D Systems Corp. (NYSE: DDD) rose 0.2% to 33.7 million shares. Some 32.3% of the company’s stock is short. Days to cover slipped to 11. In the two-week short interest period to October 15, the share price fell 12.5% and is down about 60% for the year to date as of Friday night’s close. The stock’s 52-week range is $36.17 to $97.28, and shares ended last week at $37.07.
Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise 5.2% in the first two weeks of October to 5.79 million shares, or about 13.3% of the company’s float. Days to cover is unchanged at five. Shares fell about 6.8% in the two-week period. They closed at $117.53 on Friday and have dropped nearly 13% for the year to date. The stock’s 52-week range is $85.30 to $138.10.
Short interest in The ExOne Co. (NASDAQ: XONE) rose 10.5% to 4.96 million shares, and the days to cover fell to six. About 54.6% of the company’s shares are now short. Shares of ExOne fell about 6.7% in the two-week period and closed at $21.21 on Friday night, down about 65% year to date. The stock’s 52-week range is $16.00 to $70.25.
Voxeljet A.G. (NYSE: VJET) saw short interest rise 7.4% to 3.07 million shares, with days to cover falling to 10. Since coming public at $19 in mid-October last year, the share price is down about 55%. Year to date, shares are down about 67%, and they fell nearly 16% during the short interest period. The stock closed at $12.92 last week, in a 52-week range of $11.51 to $70.00.