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

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

Amtech Systems Price Performance

Shares of ASYS stock traded down $0.03 during mid-day trading on Friday, hitting $5.25. The stock had a trading volume of 35,687 shares, compared to its average volume of 30,999. The firm has a market capitalization of $74.97 million, a P/E ratio of -8.75 and a beta of 1.41. Amtech Systems has a 12-month low of $3.37 and a 12-month high of $6.96. The firm’s 50-day moving average is $5.60 and its two-hundred day moving average is $5.85.

Institutional Trading of Amtech Systems

Hedge funds have recently added to or reduced their stakes in the business. 272 Capital LP bought a new stake in shares of Amtech Systems in the 3rd quarter valued at about $72,000. Acadian Asset Management LLC boosted its stake in shares of Amtech Systems by 19.3% during 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 in the last quarter. Geode Capital Management LLC increased its holdings in Amtech Systems by 6.1% during the third quarter. Geode Capital Management LLC now owns 128,067 shares of the semiconductor company’s stock valued at $743,000 after buying an additional 7,314 shares during the period. Finally, First Eagle Investment Management LLC raised its stake in Amtech Systems by 13.0% in the second quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock worth $3,960,000 after buying an additional 77,799 shares in the last quarter. 50.21% of the stock is owned by hedge funds and other institutional investors.

Amtech Systems Company Profile

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.