Technology

Short Interest in 3D Printing Stocks Slipped as Share Prices Soared

3d life ring
Source: Thinkstock
Short interest during the two-week period ending October 15 declined on all four 3D printing stocks we follow. Share prices for all four stocks continued to bounce off lows and traded sharply higher over the past two weeks. Since October 15, share price movements have been moderate, but the trending direction is down.

Short interest in 3D Systems Corp. (NYSE: DDD) fell 1.3% to 33.8 million shares. Some 31.9% of the company’s float was short. Days to cover fell from 16 to 14. In the two-week short interest period, the share price rose by nearly 18%. The stock’s 52-week range is $10.67 to $39.15, and shares closed at $11.15 on Monday, down about 0.5% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest fall by 1.53% in the first two weeks of October to about 12.84 million shares, or about 26.5% of the company’s float. Days to cover rose from 11 to 13. The share price rose more than 18% in the two-week period. The stock closed at $26.41 on Monday, down about 4.6% on the day, and the 52-week range is $24.80 to $125.00.

Short interest in The ExOne Co. (NASDAQ: XONE) slipped 3.2% to 2.64 million shares. About 29.1% of the company’s shares were short. ExOne’s share price soared nearly 60% in the two-week period. The stock’s 52-week range is $5.81 to $26.46 and shares closed at $10.40 on Monday, down about 4.6% for the day. Days to cover dropped from 19 to 12.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 0.3% to 1.31 million shares, with days to cover falling from 17 to 14. The stock price jumped by more than 49% in the two-week period to October 15. The stock closed at $5.92 on Monday, up about 2.4% for the day, in a 52-week range of $4.17 to $14.25.

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