Short Interest in Amtech Systems, Inc. (NASDAQ:ASYS) Declines By 25.9%

Posted by Scott Moore on Feb 1st, 2025

Amtech Systems, Inc. (NASDAQ:ASYS – Get Free Report) was the target of a significant drop in short interest in 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. Based on an average daily volume of 40,700 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company’s stock are sold short.

Amtech Systems Stock Up 0.6 %

Shares of NASDAQ:ASYS traded up $0.03 on Friday, hitting $5.05. 23,300 shares of the company traded hands, compared to its average volume of 30,494. Amtech Systems has a 52 week low of $3.37 and a 52 week high of $6.96. The stock has a 50 day simple moving average of $5.49 and a 200-day simple moving average of $5.75. The company has a market cap of $72.16 million, a PE ratio of -8.42 and a beta of 1.41.

Amtech Systems (NASDAQ:ASYS – Get Free Report) last announced its quarterly earnings results on Monday, December 9th. The semiconductor company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.04. Amtech Systems had a negative net margin of 8.38% and a negative return on equity of 0.73%. As a group, sell-side analysts anticipate that Amtech Systems will post 0.03 earnings per share for the current year.

Institutional Investors Weigh In On Amtech Systems

A hedge fund recently bought a new stake in Amtech Systems stock. 272 Capital LP purchased a new position in Amtech Systems, Inc. (NASDAQ:ASYS – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing. 50.21% of the stock is owned by institutional investors and hedge funds.

About Amtech Systems

(Get Free Report)

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.