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

Amtech Systems, Inc. (NASDAQ:ASYS) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 57,200 shares, an increase of 31.2% from the October 31st total of 43,600 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 32,800 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Investors Weigh In On Amtech Systems

A number of institutional investors and hedge funds have recently bought and sold shares of the company. First Eagle Investment Management LLC increased its stake in shares of Amtech Systems by 13.0% during the second quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock valued at $3,960,000 after buying an additional 77,799 shares during the period. Tidal Investments LLC bought a new stake in shares of Amtech Systems in the 1st quarter valued at about $375,000. 272 Capital LP bought a new stake in shares of Amtech Systems in the 3rd quarter valued at about $72,000. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 7,314 shares in the last quarter. Finally, Acadian Asset Management LLC increased its holdings in 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 buying an additional 2,991 shares during the period. 50.21% of the stock is owned by institutional investors.

Amtech Systems Stock Performance

Amtech Systems stock opened at $5.64 on Monday. The company has a market capitalization of $80.20 million, a PE ratio of -4.00 and a beta of 1.45. The company has a 50 day moving average price of $5.74 and a 200-day moving average price of $5.92. Amtech Systems has a fifty-two week low of $3.37 and a fifty-two week high of $8.02.

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.