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

Amtech Systems, Inc. (NASDAQ:ASYS) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 47,500 shares, a growth of 101.3% from the February 28th total of 23,600 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 56,800 shares, the days-to-cover ratio is currently 0.8 days.

Amtech Systems Trading Down 0.6 %

Shares of ASYS opened at $4.99 on Friday. Amtech Systems has a 1-year low of $4.60 and a 1-year high of $6.96. The company has a market cap of $71.30 million, a price-to-earnings ratio of 62.38 and a beta of 1.43. The company’s fifty day simple moving average is $5.13 and its 200 day simple moving average is $5.51.

Hedge Funds Weigh In On Amtech Systems

A number of hedge funds have recently bought and sold shares of the business. Squarepoint Ops LLC acquired a new position in Amtech Systems in the 4th quarter valued at $71,000. Millennium Management LLC boosted its position in shares of Amtech Systems by 82.7% during the 4th quarter. Millennium Management LLC now owns 22,706 shares of the semiconductor company’s stock worth $124,000 after acquiring an additional 10,281 shares in the last quarter. Northern Trust Corp raised its position in Amtech Systems by 31.7% during the fourth quarter. Northern Trust Corp now owns 44,816 shares of the semiconductor company’s stock valued at $244,000 after purchasing an additional 10,791 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Amtech Systems by 0.8% during the fourth 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 last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Amtech Systems in the 4th quarter valued at $64,000. 50.21% of the stock is owned by institutional investors.

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.