Technology

Short Interest in 3D Printing Stocks Increases as Share Prices Rise

Thinkstock

Short interest during the two-week period ending April 13 rose on three of four 3D printing stocks we follow. As of that date, three of four stocks had posted a year-to-date gain.

Short interest in 3D Systems Corp. (NYSE: DDD) rose by 6.2% to 24.91 million shares. Some 22.9% of the company’s float was short. Days to cover rose from 13 to 16. In the two-week short interest period, the share price rose by about 5.1%. The stock’s 52-week range is $11.59 to $18.91, and shares closed at $15.59 on Tuesday, up about 1.2% on the day. Shares had gained 8.9% from January 3 through April 13.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 4% in the first two weeks of April to about 5.28 million shares, or 10.7% of the company’s float. Days to cover rose from nine to 12. The share price rose by more than 20% in the two-week period and the stock closed at $24.37 on Tuesday, up about 1.4% on the day, in a 52-week range of $16.37 to $27.67. Shares were up 27% through April 13.

Short interest in The ExOne Co. (NASDAQ: XONE) rose by 1.3% to 2.44 million shares. About 22.7% of the company’s shares were short. ExOne’s share price dipped by 0.5% in the two-week period. The stock’s 52-week range is $9.03 to $16.15, and shares closed at $10.09 on Tuesday, up 2.1% for the day. Days to cover rose from 13 to 18. The share price was up 1%.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 3.2% to 516,036 American depositary shares, with days to cover falling from 10 to seven. The share price rose by 9.5% in the two weeks to April 13. Voxeljet closed at $3.13 on Tuesday, down about 0.6% for the day, in a 52-week range of $2.61 to $6.25. The stock traded down about 1.7% through April 13.

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?

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 you build your plan to retire early. 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.