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

Amtech Systems, Inc. (NASDAQ:ASYS) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 35,400 shares, an increase of 14.6% from the June 30th total of 30,900 shares. Based on an average trading volume of 39,200 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s stock are sold short.

Separately, Zacks Investment Research cut shares of Amtech Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, July 7th.

A number of large investors have recently added to or reduced their stakes in ASYS. Connor Clark & Lunn Investment Management Ltd. increased its stake in Amtech Systems by 7.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 53,525 shares of the semiconductor company’s stock valued at $383,000 after purchasing an additional 3,750 shares in the last quarter. WealthTrust Axiom LLC increased its stake in Amtech Systems by 30.4% during the 1st quarter. WealthTrust Axiom LLC now owns 61,979 shares of the semiconductor company’s stock valued at $269,000 after purchasing an additional 14,450 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Amtech Systems by 21.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,705 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 2,982 shares during the period. WINTON GROUP Ltd grew its stake in shares of Amtech Systems by 137.5% in the first quarter. WINTON GROUP Ltd now owns 34,985 shares of the semiconductor company’s stock worth $152,000 after acquiring an additional 20,254 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Amtech Systems by 7.4% in the first quarter. Geode Capital Management LLC now owns 81,461 shares of the semiconductor company’s stock worth $354,000 after acquiring an additional 5,615 shares during the period. Institutional investors and hedge funds own 45.85% of the company’s stock.

Shares of NASDAQ ASYS opened at $5.15 on Friday. The stock has a market cap of $72.34 million, a P/E ratio of 34.33 and a beta of 1.70. The company has a debt-to-equity ratio of 0.06, a current ratio of 8.41 and a quick ratio of 6.62. Amtech Systems has a 1 year low of $3.55 and a 1 year high of $7.96. The firm has a 50-day moving average of $4.96 and a 200 day moving average of $5.17.

Amtech Systems (NASDAQ:ASYS) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.18. The business had revenue of $14.46 million during the quarter, compared to analyst estimates of $12.00 million. Amtech Systems had a negative net margin of 14.12% and a positive return on equity of 2.68%. Research analysts expect that Amtech Systems will post 0.02 earnings per share for the current fiscal year.

About Amtech Systems

Amtech Systems, Inc manufactures and sells capital equipment and related consumables for use in fabricating solar cells, light-emitting diodes (LEDs), and semiconductor devices in the United States, Europe, China, Malaysia, Taiwan, Germany, the Netherlands, France, and internationally. The company operates through three segments: Solar, Semiconductor, and Polishing.

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