Technology
Is Short Interest in 3D Printing Stocks Searching for a Bottom?
Published:
Last Updated:
Short interest in the two-week period ending May 29 fell on the four 3D printing stocks we follow. With one exception share, prices fell during the two-week period.
Short interest in 3D Systems Corp. (NYSE: DDD) fell 2.4% to 35.04 million shares. Some 33.1% of the company’s float is short. Days to cover rose to 14. In the two-week short interest period, the share price fell 0.6%. The stock’s 52-week range is $20.82 to $69.56, and shares closed at $21.71 on Tuesday, up about 0.8% on the day.
Stratasys Ltd. (NASDAQ: SSYS) saw short interest fall by 0.3% in the latter two weeks of May to about 10.44 million shares, or about 23.3% of the company’s float. Days to cover rose to eight. The share price rose 2.6% in the two-week period. The stock closed at $37.06 on Tuesday, up fractionally on the day, and the 52-week range is $33.85 to $130.83.
Short interest in The ExOne Co. (NASDAQ: XONE) fell 5.2% to 3.1 million shares. About 34.1% of the company’s shares are now short. Shares of ExOne fell nearly 1.3% in the period. The stock’s 52-week range is $11.86 to $48.66 and shares closed at $13.13 on Tuesday, up about 1.1% for the day. Days to cover rose to 23. The company is scheduled to report earnings Thursday, after delaying the report for about a month.
Voxeljet A.G. (NYSE: VJET) saw short interest fall 10.2% to 1.54 million shares, with days to cover falling to eight. The share price fell about 2.4% in the weeks to May 29. The stock closed at $7.82 on Tuesday, down about 0.4% for the day, in a 52-week range of $7.13 to $27.41.
ALSO READ: The 6 Most Shorted NYSE Stocks
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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.