Short Sellers Begin Bailing Out of 3D Printing Stocks

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By Paul Ausick Updated Published
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Short interest in the two-week period ending February 27 fell for all four of the 3D printing stocks we follow. Following the first two-week period in February, when share prices for the 3D printing stocks rose steeply, the last two-week period saw stock prices dive, and short sellers took their profits. They may have pulled the trigger too soon, though, as shares have continued to decline through Tuesday’s close.

Short interest in 3D Systems Corp. (NYSE: DDD) fell 0.5% to 36.5 million shares. Some 34.6% of the company’s stock is short. Days to cover remained unchanged at 10. In the two-week short interest period to February 27, the share price fell about 7%. The stock’s 52-week range is $27.00 to $69.56, and shares closed at $27.55 on Tuesday.

Stratasys Ltd. (NASDAQ: SSYS) saw short interest decline 2.6% in the final two weeks of February to 9.37 million shares, or about 20.9% of the company’s float. Days to cover rose to 10. Shares fell about 7.5% in the two-week period. The stock closed at $60.12 on Tuesday, and the 52-week range is $51.55 to $130.83.

Short interest in The ExOne Co. (NASDAQ: XONE) fell 3.2% to 3.66 million shares. About 40.6% of the company’s shares are now short. Shares of ExOne fell more than 10% in the two-week period. The stock’s 52-week range is $13.40 to $48.66, and shares closed at $14.11 on Tuesday. Days to cover rose to 12.

Voxeljet A.G. (NYSE: VJET) saw short interest fall 4.1% to 2.07 million shares, with days to cover rising to eight. Shares tumbled more than 14% in the two-week period. The stock closed at $7.74 on Tuesday night, in a 52-week range of $7.13 to $31.43.

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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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