Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7387
    +0.0015 (+0.20%)
     
  • CRUDE OIL

    83.11
    +1.76 (+2.16%)
     
  • Bitcoin CAD

    95,911.88
    +2,380.69 (+2.55%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +42.10 (+1.90%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ futures

    18,465.00
    -38.75 (-0.21%)
     
  • VOLATILITY

    13.01
    +0.23 (+1.80%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6843
    +0.0038 (+0.56%)
     

Short Sellers Still Wary of Price Rises in 3D Printing Stocks

Short interest during the two-week period ending June 15 rose on just one of four 3D printing stocks we follow. As of that date, the four stocks had posted year-to-date gains ranging from around 40% to around 80%.

Short interest in 3D Systems Corp. (DDD) rose by 1.5% to 23.56 million shares. Some 21.6% of the company's float was short. Days to cover was 11. In the two-week short interest period, the share price rose by about 1.2%. The stock's 52-week range is $11.59 to $23.70, and shares closed at $21.28 on Monday, down about 3% on the day. Shares have gained about 60% since the beginning of the year.

ALSO READ: The 6 Most Shorted Nasdaq Stocks

Stratasys Ltd. (SSYS) saw short interest fall by 11.4% in the first two weeks of June to about 4.68 million shares, or 9.5% of the company's float. Days to cover rose from three to eight. The share price fell by 2.4% in the period, and the stock closed at $24.39 on Monday, down about 11.4% on the day, in a 52-week range of $16.37 to $30.88. Shares are up nearly 48% year to date, but a downgrade from Goldman Sachs clobbered the stock yesterday.

ADVERTISEMENT

Short interest in The ExOne Co. (XONE) fell by 5.1% to 2.16 million shares. About 20% of the company's shares was short. ExOne's share price fell by about 2.5% in the period. The stock's 52-week range is $9.08 to $16.15, and shares closed at $13.01 on Monday, down about 1.9% for the day. Days to cover rose from 10 to 17. The share price is up more than 39% for the year to date.

ALSO READ: The 6 Most Shorted NYSE Stocks

Short interest in Voxeljet A.G. (VJET) decreased by 28% to 537,942 American depositary shares, with days to cover at four. The share price rose by 1.9% in the two weeks to June 15. It was at $5.17 on Monday's close, down 1.3% for the day, in a 52-week range of $2.61 to $6.00. Voxeljet is up about 80% for the year to date.

Related Articles