Amtech Systems, Inc. (NASDAQ:ASYS) Short Interest Update

by · The Markets Daily

Amtech Systems, Inc. (NASDAQ:ASYS – Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 56,200 shares, an increase of 5.6% from the November 30th total of 53,200 shares. Based on an average daily trading volume, of 40,300 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Trading of Amtech Systems

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC grew its position in shares of Amtech Systems by 19.3% in the second quarter. Acadian Asset Management LLC now owns 18,476 shares of the semiconductor company’s stock valued at $107,000 after purchasing an additional 2,991 shares during the period. First Eagle Investment Management LLC lifted its stake in Amtech Systems by 13.0% in the 2nd quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock valued at $3,960,000 after buying an additional 77,799 shares in the last quarter. 272 Capital LP acquired a new stake in Amtech Systems in the 3rd quarter worth about $72,000. Finally, Geode Capital Management LLC increased its stake in Amtech Systems by 6.1% during the 3rd quarter. Geode Capital Management LLC now owns 128,067 shares of the semiconductor company’s stock worth $743,000 after buying an additional 7,314 shares in the last quarter. 50.21% of the stock is currently owned by hedge funds and other institutional investors.

Amtech Systems Stock Up 2.8 %

Shares of Amtech Systems stock opened at $5.60 on Friday. The firm has a market cap of $79.95 million, a PE ratio of -9.33 and a beta of 1.43. Amtech Systems has a twelve month low of $3.37 and a twelve month high of $6.96. The business has a 50-day moving average price of $5.63 and a 200 day moving average price of $5.89.

About Amtech Systems

(Get Free Report)

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. The company operates through Semiconductor and Material and Substrate segments.

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