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 January. As of January 15th, there was short interest totalling 52,100 shares, a drop of 25.9% from the December 31st total of 70,300 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 40,700 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Amtech Systems

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

Amtech Systems Price Performance

Shares of Amtech Systems stock traded up $0.03 on Friday, hitting $5.05. The company had a trading volume of 23,300 shares, compared to its average volume of 30,494. The stock has a 50-day moving average of $5.49 and a 200-day moving average of $5.75. The firm has a market capitalization of $72.16 million, a P/E ratio of -8.42 and a beta of 1.41. Amtech Systems has a twelve month low of $3.37 and a twelve month high of $6.96.

Amtech Systems (NASDAQ:ASYS) last released 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%. Equities analysts predict that Amtech Systems will post 0.03 EPS 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.