Will Short Interest in 3D Printing Stocks Turn Higher?

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By Paul Ausick Updated Published
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Short interest in the two-week period ending April 30 was mixed on the four 3D printing stocks we follow. For the two-week settlement period, shares in all four companies fell in a range of around 6% to nearly 40%.

First-quarter earnings came out after the short interest settlement period, but 3D Systems warned on earnings on April 24, and that sent shares of all the companies sharply lower. The changes in short interest were relatively modest in the two weeks to April 30, no matter which direction the change took.

Short interest in 3D Systems Corp. (NYSE: DDD) rose 2.2% to 37.16 million shares. Some 35.1% of the company’s float is short. Days to cover fell to 10. In the two weeks to April 30, the share price fell 21.5%. The stock’s 52-week range is $21.86 to $69.56, and shares closed at $22.31 on Monday after slipping fractionally.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest rise by 0.2% in the final two weeks of April to about 10.66 million shares, or about 23.8% of the company’s float. Days to cover fell to 3.8. The share price tumbled about 39% in the short interest period. The stock closed at $35.54 on Monday, up about 0.6% on the day, and the 52-week range is $34.78 to $130.83.

Short interest in The ExOne Co. (NASDAQ: XONE) fell 6.3% to 3.17 million shares. About 34.9% of the company’s shares are now short. Shares of ExOne fell 12.5% in the two-week period. The stock’s 52-week range is $12.30 to $48.66, and shares closed at $13.01 on Monday, up about 5.9% for the day. Days to cover rose to nearly 23.

Voxeljet A.G. (NYSE: VJET) saw short interest fall 9.2% to 1.72 million shares, with days to cover rising to 12.6. The share price rose more than 5.5% in the two weeks. The stock closed at $8.33 on Monday, unchanged from Friday’s close, in a 52-week range of $7.13 to $27.41.

ALSO READ: The 5 Most Shorted Nasdaq Stocks

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.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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