Short Interest in 3D Printing Stocks Declined as Share Prices Tumbled

Technology

Published: November 25, 2015 9:22 am

Last Updated: January 13, 2020 4:46 pm

Short interest during the two-week period ending November 13 declined in three of four 3D printing stocks we follow. Share prices for all four stocks fell over the two-week period, but for at least one company a rise in short interest could signal that traders are not convinced the slide is over.

Short interest in 3D Systems Corp. (NYSE: DDD) rose 3.7% to 35.4 million shares. Some 33.5% of the company’s float is short. Days to cover fell from 11 to 8. In the two-week short interest period to November 13, the share price fell nearly 15%. The stock’s 52-week range is $8.44 to $37.46, and shares closed at $8.82 on Tuesday, up about 0.8% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest fall by 0.9% in the first two weeks of November to about 12.37 million shares, or about 25.5% of the company’s float. Days to cover fell from 10 to 8. The share price fell about 12.5% in the two-week period. The stock closed at $23.75 on Tuesday, down about 0.1% on the day, and the 52-week range is $22.15 to $106.44.

Short interest in The ExOne Co. (NASDAQ: XONE) slipped 3.1% to 2.51 million shares. About 27.8% of the company’s shares are now short. ExOne’s share price tumbled nearly 35% in the two-week period. The stock’s 52-week range is $5.81 to $23.60 and shares closed at $7.70 on Tuesday, up about 4.6% for the day. Days to cover dropped from 15 to 9.

Short interest in Voxeljet AG (NYSE: VJET) decreased by 0.8% to 1.31 million shares, with days to cover falling from 20 to 14. The stock price fell by about 6.4% in the two week period to November 13th. The stock closed at $5.45 on Tuesday night, up about 6.5% for the day, in a 52-week range of $4.17 to $11.58.

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