The 3D printing stocks are no longer very actively traded. Days to cover fell on all the stocks but one, and the exception posted a big jump in trading (and a drop in price) when it reported earnings on July 30. Short sellers are treading cautiously with these stocks.
Short interest in 3D Systems Corp. (NYSE: DDD) dropped 4.5% to 34.72 million shares. Some 32.8% of the company’s float is short. Days to cover fell from 13 to 11. In the two-week short interest period, the share price fell more than 22%. The stock’s 52-week range is $11.66 to $54.24, and shares closed at $14.03 on Tuesday, unchanged on the day.
Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 2% in the final two weeks of July to about 13.14 million shares, or about 27.7% of the company’s float. Days to cover fell from 12 to six. The share price fell nearly 9% in the two-week period. The stock closed at $31.34 on Tuesday, down nearly 4% on the day, and the 52-week range is $27.66 to $130.83.
Short interest in ExOne Co. (NASDAQ: XONE) dropped 4.8% to 2.88 million shares. About 31.6% of the company’s shares are now short. ExOne’s share price fell more than 8% in the two-week period. Days to cover slipped from 20 to 18. The stock’s 52-week range is $7.73 to $31.855 and shares closed at $7.81 on Tuesday, down about 13% for the day, after posting the 52-week low.
Voxeljet A.G.’s (NYSE: VJET) short interest declined by 4.7% to 1.42 million shares, with days to cover rising from 10 to 13. The stock price rose about 5% in the two weeks to July 31. The stock closed at $7.17 on Tuesday, down about 1.1% for the day, in a 52-week range of $5.52 to $18.45.