Aixtron SE/ADR (OTCMKTS:AIIXY) Short Interest Update
by Danessa Lincoln · The Markets DailyAixtron SE/ADR (OTCMKTS:AIIXY – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,863 shares, a growth of 10,911.5% from the May 14th total of 26 shares. Based on an average trading volume of 3,455 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the company’s shares are short sold.
Aixtron SE/ADR Stock Down 1.7%
Shares of AIIXY traded down $2.14 during midday trading on Tuesday, reaching $126.00. The company had a trading volume of 3,126 shares, compared to its average volume of 872. Aixtron SE/ADR has a 1-year low of $28.52 and a 1-year high of $143.05. The firm has a 50 day simple moving average of $109.11 and a 200-day simple moving average of $71.63.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Aixtron SE/ADR from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Aixtron SE/ADR presently has an average rating of “Strong Buy”.
Read Our Latest Research Report on AIIXY
Aixtron SE/ADR (OTCMKTS:AIIXY) is a Germany‐based technology company specializing in the development and manufacture of deposition equipment for the semiconductor industry. The company’s core expertise lies in metalorganic chemical vapor deposition (MOCVD) systems, which are used to produce compound semiconductor materials such as gallium nitride (GaN), gallium arsenide (GaAs) and indium phosphide (InP). These materials are critical to the fabrication of light‐emitting diodes (LEDs), laser diodes, power electronics and high‐frequency devices.
In addition to its flagship MOCVD platforms, Aixtron offers a range of complementary thin‐film deposition tools, including atomic layer deposition (ALD) and plasma‐enhanced chemical vapor deposition (PECVD) systems.