Technology
Rising Share Prices Temper Short Interest in 3D Printing Stocks
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Short interest in 3D Systems Corp. (NYSE: DDD) rose 1% to 36.69 million shares. Some 34.8% of the company’s stock is short. Days to cover fell to 10. In the two-week short interest period to February 13, the share price rose nearly 13%. The stock’s 52-week range is $27.00 to $79.77, and shares closed at $30.02 on Wednesday. 3D Systems reported weak fourth-quarter and full-year 2014 results Thursday morning.
Stratasys Ltd. (NASDAQ: SSYS) saw short interest decline 9.1% in the first two weeks of February to 9.62 million shares, or about 21.5% of the company’s float. Days to cover fell to three. Shares fell about 15.5% in the two-week period. The stock closed at $61.19 on Wednesday and the 52-week range is $51.55 to $131.09.
Short interest in The ExOne Co. (NASDAQ: XONE) rose 0.8% to 3.785 million shares. About 41.9% of the company’s shares are now short. Shares of ExOne rose about 18% in the two-week period. The stock’s 52-week range is $13.40 to $48.80, and shares closed at $14.79 on Wednesday. Days to cover fell to 11.
Voxeljet A.G. (NYSE: VJET) saw short interest fall 1% to 2.16 million shares, with days to cover rising slightly to seven. Shares rose more than 25% in the two-week period to February 13. The stock closed at $8.63 on Wednesday, in a 52-week range of $7.13 to $37.49.
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