Amtech Systems, Inc. (NASDAQ:ASYS) Short Interest Up 25.1% in January

Amtech Systems, Inc. (NASDAQ:ASYS) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 70,300 shares, an increase of 25.1% from the December 31st total of 56,200 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 42,300 shares, the short-interest ratio is currently 1.7 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Amtech Systems stock. 272 Capital LP purchased a new position in shares of Amtech Systems, Inc. (NASDAQ:ASYS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 currently owned by institutional investors and hedge funds.

Amtech Systems Trading Up 1.5 %

ASYS traded up $0.08 during mid-day trading on Friday, hitting $5.10. 13,337 shares of the stock were exchanged, compared to its average volume of 31,440. The firm’s fifty day moving average is $5.51 and its two-hundred day moving average is $5.77. Amtech Systems has a 1-year low of $3.37 and a 1-year high of $6.96. The company has a market cap of $72.81 million, a PE ratio of -8.49 and a beta of 1.41.

Amtech Systems (NASDAQ:ASYS) last posted its quarterly earnings results on Monday, December 9th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. As a group, research analysts anticipate that Amtech Systems will post 0.03 earnings per share for the current year.

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.