3D Printing Short Interest Slides as Share Prices Dip

Short interest fell during the two-week period ending January 31 on three of four 3D printing stocks we follow. During the short interest reporting period, only one of the stocks was able to hold is share price. The other three all posted losses.

Short interest in 3D Systems Corp. (NYSE: DDD) rose by 8.8% to 38.11 million shares. Some 34.9% of the company’s float was short. Days to cover fell from 15 to 12. In the two-week short interest period, the share price pulled back about 7%. The stock’s 52-week trading range is $7.92 to $23.70, and shares closed at $9.68 on Friday, down about 1.4% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest drop by 2% in the last two weeks of January to about 8.33 million shares, or 16.7% of the company’s float. Days to cover decreased from 15 to 12. The share price fell by about 8.9% in the two-week period. The stock closed at $19.62 on Friday, down about 1% on the day, in a 52-week range of $18.04 to $30.88.

Short interest in The ExOne Co. (NASDAQ: XONE) fell by 1% to 1.84 million shares. About 19.6% of the company’s shares were short. ExOne’s share price remained essentially unchanged in the period. Its 52-week range is $6.72 to $14.43, and shares closed at $8.21 on Wednesday, down about 2.5% for the day. Days to cover rose from 11 to 20.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 1.3% to 494,607 American depositary shares, with days to cover slipping from 8 to 7. Voxeljet dropped about 2.8% for the two-week period and closed at $4.20 on Friday, down 7.5% for the day, in a 52-week range of $2.61 to $6.37.