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

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Amtech Systems stock. 272 Capital LP purchased a new stake in Amtech Systems, Inc. (NASDAQ:ASYS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 12,352 shares of the semiconductor company’s stock, valued at approximately $72,000. 272 Capital LP owned 0.09% of Amtech Systems as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 50.21% of the company’s stock.

Amtech Systems Stock Down 1.6 %

Shares of NASDAQ ASYS traded down $0.08 during trading on Thursday, reaching $5.02. The company had a trading volume of 14,823 shares, compared to its average volume of 32,833. Amtech Systems has a 12 month low of $3.37 and a 12 month high of $6.96. The stock has a market cap of $71.69 million, a P/E ratio of -8.37 and a beta of 1.41. The company’s fifty day moving average price is $5.51 and its 200-day moving average price is $5.77.

Amtech Systems (NASDAQ:ASYS) last released its quarterly earnings results on Monday, December 9th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.04. Amtech Systems had a negative net margin of 8.38% and a negative return on equity of 0.73%. As a group, equities analysts predict that Amtech Systems will post 0.03 earnings per share for the current year.

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.