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

Amtech Systems, Inc. (NASDAQ:ASYS) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 23,600 shares, a drop of 42.9% from the February 13th total of 41,300 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 50,900 shares, the short-interest ratio is presently 0.5 days.

Amtech Systems Price Performance

Shares of NASDAQ ASYS opened at $4.94 on Friday. Amtech Systems has a 1-year low of $4.60 and a 1-year high of $6.96. The business’s 50 day moving average is $5.20 and its two-hundred day moving average is $5.59. The stock has a market capitalization of $70.59 million, a P/E ratio of 61.76 and a beta of 1.43.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in shares of Amtech Systems by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 931,198 shares of the semiconductor company’s stock worth $5,075,000 after purchasing an additional 7,068 shares during the period. First Eagle Investment Management LLC boosted its position in shares of Amtech Systems by 6.6% during the fourth quarter. First Eagle Investment Management LLC now owns 834,922 shares of the semiconductor company’s stock valued at $4,550,000 after buying an additional 51,555 shares during the period. Geode Capital Management LLC grew its stake in shares of Amtech Systems by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 132,756 shares of the semiconductor company’s stock valued at $724,000 after buying an additional 4,689 shares during the last quarter. Kovack Advisors Inc. raised its holdings in shares of Amtech Systems by 225.9% in the fourth quarter. Kovack Advisors Inc. now owns 65,500 shares of the semiconductor company’s stock worth $357,000 after buying an additional 45,400 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Amtech Systems by 31.7% during the 4th quarter. Northern Trust Corp now owns 44,816 shares of the semiconductor company’s stock worth $244,000 after acquiring an additional 10,791 shares during the last quarter. Institutional investors own 50.21% of the company’s stock.

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.