3D Printing Short Interest Slides as Share Prices Post Double-Digit Gains

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By Paul Ausick Updated Published
3D Printing Short Interest Slides as Share Prices Post Double-Digit Gains

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Short interest decreased during the two-week period ending January 12 on three of four 3D printing stocks we follow.

Short interest in 3D Systems Corp. (NYSE: DDD) fell by 1.9% to 35.03 million shares. Some 32.1% of the company’s float was short. Days to cover rose from 12 to 15. In the two-week short interest period, the share price rose by 27.3%. The stock’s 52-week trading range is $7.92 to $23.70, and shares closed at $10.68 on Wednesday, up about 0.7% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest drop by 13.3% in the first two weeks of January to about 8.51 million shares, or 17% of the company’s float. Days to cover remained unchanged at 15. The share price rose by 16.1% in the two-week period, and the stock closed at $22.47 on Wednesday, down about 0.9% on the day, in a 52-week range of $18.04 to $30.88.

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Short interest in The ExOne Co. (NASDAQ: XONE) fell by 1.7% to 1.86 million shares. About 19.8% of the company’s shares were short. ExOne’s share price jumped by about 14.2% in the period. The stock’s 52-week range is $6.72 to $14.43, and shares closed at $10.39 on Wednesday, up about 1.6% for the day. Days to cover rose from eight to 11.

Short interest in Voxeljet A.G. (NYSE: VJET) increased by 0.4% to 501,184 American depositary shares, with days to cover rising from seven to eight. Voxeljet added about 10.8% for the two-week period and closed at $4.86 on Wednesday, down 3.4% for the day, in a 52-week range of $2.61 to $6.37.

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Photo of Paul Ausick
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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