Stratasys Ltd (NASDAQ:SSYS) Short Interest Update

Stratasys Ltd (NASDAQ:SSYS) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 6,316,200 shares, a decrease of 15.0% from the July 31st total of 7,431,900 shares. Based on an average daily volume of 630,800 shares, the short-interest ratio is presently 10.0 days. Approximately 12.3% of the company’s shares are sold short.

Large investors have recently added to or reduced their stakes in the stock. Stonebridge Capital Advisors LLC purchased a new stake in Stratasys during the 2nd quarter worth about $56,000. Aperio Group LLC purchased a new stake in Stratasys during the 2nd quarter worth about $125,000. Panagora Asset Management Inc. purchased a new stake in Stratasys during the 2nd quarter worth about $125,000. CSat Investment Advisory L.P. purchased a new stake in Stratasys during the 2nd quarter worth about $136,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Stratasys by 43.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,761 shares of the technology company’s stock worth $137,000 after purchasing an additional 1,753 shares in the last quarter. Institutional investors own 79.10% of the company’s stock.

NASDAQ:SSYS traded up $0.23 during trading hours on Friday, reaching $25.05. The stock had a trading volume of 7,175 shares, compared to its average volume of 469,458. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.02 and a current ratio of 3.85. The stock has a 50 day simple moving average of $24.44 and a 200 day simple moving average of $24.74. Stratasys has a 12-month low of $17.06 and a 12-month high of $30.60. The stock has a market cap of $1.34 billion, a P/E ratio of 109.35, a price-to-earnings-growth ratio of 4.37 and a beta of 1.97.



Stratasys (NASDAQ:SSYS) last released its earnings results on Wednesday, July 31st. The technology company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.03). Stratasys had a return on equity of 1.30% and a net margin of 0.69%. The firm had revenue of $163.16 million during the quarter, compared to analysts’ expectations of $168.74 million. During the same period in the prior year, the business earned $0.15 earnings per share. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. On average, equities analysts expect that Stratasys will post 0.27 earnings per share for the current fiscal year.

SSYS has been the subject of a number of recent research reports. ValuEngine raised Stratasys from a “hold” rating to a “buy” rating in a research report on Friday, June 28th. BidaskClub raised Stratasys from a “sell” rating to a “hold” rating in a research report on Saturday, August 31st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $25.50.

About Stratasys

Stratasys Ltd. provides 3D printing and additive manufacturing solutions for individuals, businesses, and enterprises. Its 3D printing systems utilize its fused deposition modeling (FDM) and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production, and manufactured goods directly from 3D CAD files or other 3D content.

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