Is Short Interest in 3D Printing Stocks at a Bottom?

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By Paul Ausick Updated Published

3D printing

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Short interest during the two-week period ending August 31 was mixed on the four 3D printing stocks we follow. Short interest dropped for two of the four stocks, and it rose on the other two. All the changes were modest, which may indicate that these stocks may be near a bottom.

Short interest in 3D Systems Corp. (NYSE: DDD) fell 3.1% to 36.44 million shares. Some 34.4% of the company’s float was short. Days to cover rose from eight to 11. In the two-week short interest period to August 31, the share price rose about 1.6%. The stock’s 52-week trading range is $11.00 to $52.75, and shares closed at $12.79 on Thursday, down about 0.9% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 1% in the last two weeks of August to about 13.42 million shares, or about 27.9% of the company’s float. Days to cover rose from seven to 11. The share price fell about 2% in the period. The stock closed at $28.91 on Thursday, up about 0.5% on the day. The 52-week range is $25.31 to $130.83.

Short interest in ExOne Co. (NASDAQ: XONE) slipped 0.6% to 2.95 million shares. About 32.6% of the company’s shares were short. ExOne’s share price rose about 2.2% in the two-week period. The stock’s 52-week range is $5.81 to $29.51, and shares closed at $7.17 on Thursday, down nearly 8% for the day. Days to cover remained unchanged at 12.

Short interest in Voxeljet A.G. (NYSE: VJET) increased by 0.9% to 1.44 million shares, with days to cover rising from 12 to 15. The stock price fell by about 11.5% in the two-week short interest period. The stock closed at $5.55 on Thursday, down about 2.6% for the day, in a 52-week range of $5.26 to $17.28.

ALSO READ: Short Sellers Launch Massive Attack on This Solar Stock

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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