Technology

3D Printing Short Interest Rises as Share Prices Jump

Paul Ausick

Published: January 26, 2017 7:45 am

Last Updated: January 12, 2020 3:30 pm

Short interest during the two-week period ending January 13 rose on three of four 3D printing stocks we follow. The stocks have gotten some help from the Trump rally and some investors think that bringing more manufacturing back to the United States will boost these shares. Short sellers are apparently satisfied to take that bet.

Short interest in 3D Systems Corp. (NYSE: DDD) rose by 1.3% to 22.38 million shares. Some 21% of the company’s float was short. Days to cover fell from 11 to six. In the two-week short interest period, the share price rose by about 20%. The stock’s 52-week trading range now is $7.40 to $19.76, and shares closed at $17.10 on Wednesday, up about 0.7% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest fall by 6.2% in the first two weeks of January to about 4.71 million shares, or 9.6% of the company’s float. Days to cover fell from seven to five. The share price rose by about 16.2% in the two weeks, and the stock closed at $20.00 on Wednesday, up about 0.7% on the day, in a 52-week range of $14.48 to $30.46.

Short interest in ExOne Co. (NASDAQ: XONE) rose by 7.2% to 2.16 million shares. About 20% of the company’s shares were short. ExOne’s share price added about 11.2% in the two-week period. Days to cover rose from 13 to 14. The current 52-week range is $7.10 to $16.15, and shares closed at $10.11 on Wednesday, up 1.9% for the day.

Short interest in Voxeljet A.G. (NYSE: VJET) increased by 6.4% to 534,492 American depositary shares, with days to cover remaining unchanged at eight. The share price jumped 20% in the period. Voxeljet closed at $3.40 on Wednesday, up 6.8% for the day, in a 52-week range of $2.82 to $6.50.

In addition, check out the most shorted Nasdaq stocks, which included Sirius XM, Intel and Yahoo.