Amtech Systems, Inc. (NASDAQ:ASYS) Sees Large Growth in Short Interest

Posted by ABMN Staff on Jan 2nd, 2025

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

Amtech Systems Stock Performance

Shares of ASYS stock opened at $5.45 on Thursday. The stock’s fifty day moving average is $5.63 and its two-hundred day moving average is $5.89. The firm has a market capitalization of $77.81 million, a P/E ratio of -9.08 and a beta of 1.43. Amtech Systems has a fifty-two week low of $3.37 and a fifty-two week high of $6.96.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 272 Capital LP purchased a new position in shares of Amtech Systems during the 3rd quarter worth $72,000. Geode Capital Management LLC raised its holdings in shares of 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 acquiring an additional 7,314 shares during the period. First Eagle Investment Management LLC raised its holdings in shares of Amtech Systems by 13.0% during the 2nd quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock worth $3,960,000 after acquiring an additional 77,799 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in shares of Amtech Systems by 19.3% during the 2nd quarter. Acadian Asset Management LLC now owns 18,476 shares of the semiconductor company’s stock worth $107,000 after acquiring an additional 2,991 shares during the period. Hedge funds and other institutional investors own 50.21% of the company’s stock.

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.