Short Interest in Amtech Systems, Inc. (NASDAQ:ASYS) Grows By 25.1%

Amtech Systems, Inc. (NASDAQ:ASYSGet Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 70,300 shares, an increase of 25.1% from the December 31st total of 56,200 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 42,300 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Amtech Systems stock. 272 Capital LP purchased a new stake in Amtech Systems, Inc. (NASDAQ:ASYSFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,352 shares of the semiconductor company’s stock, valued at approximately $72,000. 272 Capital LP owned approximately 0.09% of Amtech Systems as of its most recent filing with the Securities and Exchange Commission. 50.21% of the stock is currently owned by institutional investors and hedge funds.

Amtech Systems Trading Down 1.6 %

Amtech Systems stock traded down $0.08 during midday trading on Thursday, reaching $5.02. The stock had a trading volume of 14,823 shares, compared to its average volume of 32,833. The company has a fifty day moving average price of $5.51 and a two-hundred day moving average price of $5.77. The company has a market capitalization of $71.69 million, a P/E ratio of -8.37 and a beta of 1.41. Amtech Systems has a 12 month low of $3.37 and a 12 month high of $6.96.

Amtech Systems (NASDAQ:ASYSGet Free Report) last issued its earnings results on Monday, December 9th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.04. Amtech Systems had a negative return on equity of 0.73% and a negative net margin of 8.38%. On average, equities research analysts predict that Amtech Systems will post 0.03 earnings per share for the current fiscal year.

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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