Short Interest in Amtech Systems, Inc. (NASDAQ:ASYS) Decreases By 7.0%

Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report) was the recipient of a large 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 trading volume of 36,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the company's shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ASYS. 272 Capital LP bought a new position in Amtech Systems during the third quarter worth $72,000. Acadian Asset Management LLC increased its holdings in Amtech Systems by 19.3% in the second quarter. Acadian Asset Management LLC now owns 18,476 shares of the semiconductor company's stock worth $107,000 after purchasing an additional 2,991 shares in the last quarter. Geode Capital Management LLC lifted its stake in Amtech Systems by 6.1% in 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 period. Finally, First Eagle Investment Management LLC boosted 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 buying an additional 77,799 shares in the last quarter. 50.21% of the stock is owned by institutional investors and hedge funds.

Amtech Systems Stock Down 1.1 %

Shares of ASYS stock traded down $0.06 during trading hours on Monday, hitting $5.60. 108,718 shares of the company's stock traded hands, compared to its average volume of 50,497. 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 $79.63 million, a PE ratio of -9.18 and a beta of 1.43. The stock's 50 day simple moving average is $5.69 and its 200 day simple 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.