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

Amtech Systems, Inc. (NASDAQ:ASYS - Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 70,300 shares, a growth of 25.1% from the December 31st total of 56,200 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 42,300 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of Amtech Systems

A hedge fund recently bought a new stake in Amtech Systems stock. 272 Capital LP purchased a new position in shares of Amtech Systems, Inc. (NASDAQ:ASYS - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,352 shares of the semiconductor company's stock, valued at approximately $72,000. 272 Capital LP owned about 0.09% of Amtech Systems at the end of the most recent quarter. Institutional investors own 50.21% of the company's stock.

Amtech Systems Stock Performance

NASDAQ:ASYS traded down $0.05 on Monday, hitting $5.00. 18,855 shares of the stock were exchanged, compared to its average volume of 31,712. The stock has a market capitalization of $71.45 million, a price-to-earnings ratio of -8.33 and a beta of 1.38. Amtech Systems has a 52 week low of $3.37 and a 52 week high of $6.96. The company's 50-day moving average price is $5.49 and its 200 day moving average price is $5.74.

Amtech Systems (NASDAQ:ASYS - Get Free Report) last issued its quarterly earnings data on Monday, December 9th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.04. Amtech Systems had a negative return on equity of 0.73% and a negative net margin of 8.38%. As a group, equities research 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.