Has Short Interest in 3D Printing Stocks Found a Bottom?
June 25, 2015 by Paul AusickShort interest in 3D Systems Corp. (NYSE: DDD) rose 1.7% to 35.64 million shares. Some 33.6% of the company’s float is short. Days to cover rose from 14 to 22. In the two-week short interest period to June 15, the share price fell about 5%. The stock’s 52-week range is $20.39 to $69.56, and shares closed at $20.53 on Wednesday, down more than 5% on the day.
Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 6.1% in the first two weeks of June to about 11.08 million shares, or about 24.7% of the company’s float. Days to cover rose from eight to nine. The share price fell about 0.5% in the two-week period. The stock closed at $37.74 on Wednesday, down about 3% on the day, and the 52-week range is $33.85 to $130.83.
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Short interest in ExOne Co. (NASDAQ: XONE) fell 3.8% to 2.98 million shares. About 32.8% of the company’s shares are now short. ExOne’s share price fell about 1.7% in the two-week period. The stock’s 52-week range is $11.86 to $48.66, and shares closed at $12.63 on Tuesday, down about 1% for the day. Days to cover slipped from 23 to 21. The company reported its quarterly earnings on June 11, and the shares dropped more than 6%.
Short interest in Voxeljet A.G. (NYSE: VJET) remained unchanged at 1.54 million shares, with days to cover rising from eight to 18. The share price rose about 2.4% in the period to June 15. The stock closed at $7.62 on Wednesday, down about 3.5% for the day, in a 52-week range of $7.13 to $27.41.
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