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

Amtech Systems, Inc. (NASDAQ:ASYS) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 53,200 shares, a decline of 7.0% from the November 15th total of 57,200 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 36,000 shares, the short-interest ratio is currently 1.5 days.

Amtech Systems Stock Down 1.8 %

Shares of NASDAQ:ASYS opened at $5.50 on Wednesday. The company has a market capitalization of $78.20 million, a price-to-earnings ratio of -9.17 and a beta of 1.43. The company has a 50 day moving average of $5.68 and a two-hundred day moving average of $5.93. Amtech Systems has a 52-week low of $3.37 and a 52-week high of $6.96.

Institutional Investors Weigh In On Amtech Systems

Large investors have recently added to or reduced their stakes in the company. 272 Capital LP acquired a new position in Amtech Systems in the 3rd quarter worth $72,000. Acadian Asset Management LLC lifted its stake in shares of 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 acquiring an additional 2,991 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 purchasing an additional 7,314 shares during the last quarter. Finally, First Eagle Investment Management LLC grew its stake in 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 valued at $3,960,000 after purchasing an additional 77,799 shares in the last quarter. 50.21% of the stock is owned by institutional investors and hedge funds.

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.