Short Sellers Losing Interest in 3D Printing Stocks

By Paul Ausick Updated Published
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Short Sellers Losing Interest in 3D Printing Stocks

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Short interest fell during the two-week reporting period ending November 30 on two of four 3D printing stocks we follow. Trading action indicated a lack of interest among short sellers, with days to cover rising on all four stocks.

Short interest in 3D Systems Corp. (NYSE: DDD) increased by 3.9% to 22.78 million shares in the two-week reporting period. Some 19.9% of the company’s float was short. Days to cover rose from seven to 18. In the short interest period, the share price dropped by 4.6%. The stock’s 52-week trading range is $8.53 to $21.78, and shares closed at $11.40 on Tuesday, down about 0.9% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest dip by 0.5% in the last two weeks of November to about 6.42 million shares, or 12.7% of the company’s float. Days to cover rose from eight to 18. The share price rose by 5.7% in the period, and the stock closed at $20.30 on Tuesday, up about 0.8% for the day, in a 52-week range of $17.17 to $26.17.

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Short interest in The ExOne Co. (NASDAQ: XONE) dropped by 2% to 2.52 million shares. About 25.9% of the company’s shares were short, and ExOne’s share price rose by about 6.6% in the two weeks ending November 30. The stock’s 52-week range is $6.16 to $12.50, and shares closed at $7.15 on Tuesday, down about 1.4% for the day. Days to cover rose from 12 to 22.

Short interest in Voxeljet A.G. (NYSE: VJET) increased by 4.8% to 409,969 American depositary shares, with days to cover rising from six to 10. Voxeljet dropped about 8% for the two-week period and closed at $2.25 on Tuesday, up about 1.8% for the day, in a 52-week range of $2.12 to $5.63.

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