Will 3D Printing Stocks Continue to Pay Off for Short Sellers?

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By Paul Ausick Updated Published
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Will 3D Printing Stocks Continue to Pay Off for Short Sellers?

© courtesy of 3D Systems Inc.

Short interest dropped during the two-week reporting period ending March 29 on three of four 3D printing stocks we follow. During the two-week period, all four stocks dropped by at least 9%.

Short interest in 3D Systems Corp. (NYSE: DDD) slipped by 0.8% to 35.36 million shares. Some 32.2% of the company’s float was short. Days to cover rose from eight to 16. In the two-week short interest period, the share price fell by nearly 10%. The stock’s 52-week trading range is $7.92 to $23.70, and shares closed at $11.74 on Tuesday, up about 3.1% on the day.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest drop by 5.4% in the last two weeks of March to about 7.95 million shares, or 15.8% of the company’s float. Days to cover rose from seven to 14. The share price fell by about 8.8% in the period, and the stock closed at $20.04 on Tuesday, up about 3.5% on the day, in a 52-week range of $18.00 to $30.88.

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Short interest in The ExOne Co. (NASDAQ: XONE) rose by 11.6% to 2.17 million shares. About 22.3% of the company’s shares were short. ExOne’s share price tumbled by 20% in the two weeks ending March 29. The stock’s 52-week range is $6.72 to $14.43, and shares closed at $7.40 on Tuesday, up about 4.8% for the day. Days to cover fell from 17 to 13.

Short interest in Voxeljet A.G. (NYSE: VJET) decreased by 2.5% to 477,370 American depositary shares, with days to cover rising from 11 to 12. Voxeljet fell by about 12% for the two-week period, and it closed at $3.40 on Tuesday, up about 3% for the day, in a 52-week range of $2.68 to $6.37.

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Photo of Paul Ausick
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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