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

Amtech Systems, Inc. (NASDAQ:ASYS) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 53,200 shares, a decrease of 7.0% from the November 15th total of 57,200 shares. Based on an average daily trading volume, of 36,000 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ASYS. Acadian Asset Management LLC lifted 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 last quarter. First Eagle Investment Management LLC boosted its position in 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. 272 Capital LP purchased a new stake in Amtech Systems during the third quarter valued at about $72,000. Finally, Geode Capital Management LLC grew 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 buying an additional 7,314 shares during the last quarter. 50.21% of the stock is currently owned by hedge funds and other institutional investors.

Amtech Systems Trading Down 2.3 %

Shares of Amtech Systems stock traded down $0.13 on Tuesday, reaching $5.47. The stock had a trading volume of 8,041 shares, compared to its average volume of 50,497. Amtech Systems has a 1 year low of $3.37 and a 1 year high of $6.96. The company has a market cap of $77.78 million, a P/E ratio of -9.33 and a beta of 1.43. The business’s 50 day moving average is $5.68 and its two-hundred day moving average is $5.94.

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.