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

Amtech Systems, Inc. (NASDAQ:ASYS) saw a significant increase in short interest in the month of 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. Based on an average daily volume of 42,300 shares, the short-interest ratio is presently 1.7 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Eagle Investment Management LLC grew its position in shares of Amtech Systems by 13.0% in the 2nd quarter. First Eagle Investment Management LLC now owns 675,844 shares of the semiconductor company’s stock valued at $3,960,000 after purchasing an additional 77,799 shares during the period. 272 Capital LP bought a new stake in shares of Amtech Systems in the third quarter valued at about $72,000. Geode Capital Management LLC grew its stake 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 in the last quarter. Finally, Acadian Asset Management LLC lifted its position in 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 buying an additional 2,991 shares in the last quarter. 50.21% of the stock is owned by institutional investors and hedge funds.

Amtech Systems Trading Up 0.4 %

Shares of ASYS stock traded up $0.02 on Thursday, hitting $5.28. The stock had a trading volume of 16,482 shares, compared to its average volume of 28,277. The firm has a market cap of $75.40 million, a P/E ratio of -8.80 and a beta of 1.41. Amtech Systems has a twelve month low of $3.37 and a twelve month high of $6.96. The company has a fifty day moving average price of $5.60 and a two-hundred day moving average price of $5.85.

About Amtech Systems

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.