Short Interest in 3D Printing Stocks Picks Up

Investing

Published: May 10, 2018 8:10 am

Last Updated: January 11, 2020 11:50 pm

Short interest rose during the two-week reporting period ending April 30 on three of four 3D printing stocks we follow. Trading action also slowed down on three of the four stocks

Short interest in 3D Systems Corp. (NYSE: DDD) rose by 1.3% to 35.05 million shares. Some 32% of the company’s float was short. Days to cover rose from 22 to 23. In the two-week short interest period, the share price rose by 0.7%. The stock’s 52-week trading range is $7.92 to $23.70, and shares closed at $12.02 on Wednesday, up about 9% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 6.3% in the final two weeks of April to about 8.97 million shares, or 17.9% of the company’s float. Days to cover remained at 15. The share price slid by about 0.9% in the period, and the stock closed at $20.42 on Wednesday, up about 4.7% on the day, in a 52-week range of $17.17 to $30.88.

Short interest in The ExOne Co. (NASDAQ: XONE) rose by 4.9% to 2.38 million shares. About 24.4% of the company’s shares were short. ExOne’s share price fell by about 3.4% in the period ending April 30. The stock’s 52-week range is $6.72 to $14.43, and shares closed at $7.19 on Wednesday, up about 2.7% for the day. Days to cover rose from 22 to 23.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 3.8% to 432,140 American depositary shares, with days to cover rising from 13 to 16. Voxeljet rose by about 3.8% for the two-week period, and it closed at $3.47 on Wednesday, up about 1.8% for the day, in a 52-week range of $3.07 to $6.37.