Short Interest: Is Buying Stratasys Limited Ord Israel (NASDAQ:SSYS) Here Good Idea?

November 16, 2016 - By Dolores Ford   ·   0 Comments

Short Interest: Is Buying Stratasys Limited Ord Israel (NASDAQ:SSYS) Here Good Idea?

The stock of Stratasys Limited Ord Israel (NASDAQ:SSYS) registered an increase of 17.33% in short interest. SSYS’s total short interest was 6.96M shares in November as published by FINRA. Its up 17.33% from 5.93M shares, reported previously. With 1.05M shares average volume, it will take short sellers 7 days to cover their SSYS’s short positions. The short interest to Stratasys Limited Ord Israel’s float is 13.56%. About 1.74 million shares traded hands or 62.62% up from the average. Stratasys, Ltd. (NASDAQ:SSYS) has declined 38.84% since April 14, 2016 and is downtrending. It has underperformed by 43.53% the S&P500.

Insitutional Activity: The institutional sentiment decreased to 0.76 in 2016 Q2. Its down 0.04, from 0.8 in 2016Q1. The ratio fall, as 24 funds sold all Stratasys, Ltd. shares owned while 61 reduced positions. 28 funds bought stakes while 37 increased positions. They now own 31.78 million shares or 10.60% less from 35.55 million shares in 2016Q1.
Exane Derivatives last reported 0% of its portfolio in the stock. Bank Of America De, a North Carolina-based fund reported 191,813 shares. State Street Corp last reported 790,030 shares in the company. Sei Invs Communication owns 50 shares or 0% of their US portfolio. Zacks Mgmt has 21,875 shares for 0.02% of their US portfolio. Peoples Fincl holds 0.01% or 500 shares in its portfolio. Shinko Asset Management Limited has 104,233 shares for 0.02% of their US portfolio. Us Comml Bank De has 31,436 shares for 0% of their US portfolio. Deutsche Financial Bank Ag has 45,066 shares for 0% of their US portfolio. Macquarie Group Limited owns 17 shares or 0% of their US portfolio. Trust Advsrs last reported 26,295 shares in the company. Weatherbie Limited holds 0.37% or 114,838 shares in its portfolio. Scout Invests Inc reported 69,220 shares or 0.04% of all its holdings. The Ontario – Canada-based Manufacturers Life The has invested 0% in Stratasys, Ltd. (NASDAQ:SSYS). Moreover, Nationwide Fund Advisors has 0% invested in Stratasys, Ltd. (NASDAQ:SSYS) for 32,285 shares.

Stratasys, Ltd. (NASDAQ:SSYS) Ratings Coverage

Out of 14 analysts covering Stratasys (NASDAQ:SSYS), 6 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 43% are positive. Stratasys has been the topic of 26 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Tuesday, November 15 by Craig Hallum. The rating was maintained by Oppenheimer on Tuesday, October 27 with “Outperform”. The firm has “Sell” rating given on Friday, July 31 by UBS. On Friday, July 31 the stock rating was downgraded by Bank of America to “Underperform”. Needham maintained it with “Buy” rating and $32 target price in Friday, October 23 report. The stock has “Buy” rating given by Needham on Tuesday, May 10. The rating was downgraded by Piper Jaffray on Monday, July 18 to “Neutral”. UBS maintained Stratasys, Ltd. (NASDAQ:SSYS) rating on Friday, October 23. UBS has “Sell” rating and $18 price target. FBR Capital initiated the shares of SSYS in a report on Tuesday, May 24 with “Outperform” rating. Canaccord Genuity maintained the shares of SSYS in a report on Wednesday, July 29 with “Hold” rating.

SSYS Company Profile

Stratasys Ltd., incorporated on March 3, 1998, is a well-known provider of three dimensional (3D) printing and additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. The Company’s solutions include products ranging from entry-level desktop 3D printers to systems for rapid prototyping (RP) and production systems for direct digital manufacturing (DDM). The Firm also develops, makes and sells materials for use with its systems and provides related services offerings. The Firm offers 3D printing consumable materials, which consists of over 10 Fused Deposition Modeling (FDM) cartridge materials, approximately 20 PolyJet cartridge materials, over five Smooth Curvature Printing (SCP) inkjet materials and approximately 160 non-color digital materials, and over 1,500 color variations, as well as over four SolidScape non-toxic thermoplastic modeling materials. The Company’s services offerings include Stratasys Direct Manufacturing printed parts service, as well as its professional services.

More important recent Stratasys, Ltd. (NASDAQ:SSYS) news were published by: Fool.com which released: “Why Shares of Stratasys, Ltd. Dropped 17% Today” on November 15, 2016, also Valuewalk.com published article titled: “Mobileye NV Rises On Earnings, Stratasys, Ltd. Tumbles On Wide Miss”, Schaeffersresearch.com published: “Buzz Stocks: Home Depot Inc, Juniper Pharmaceuticals Inc, and Stratasys, Ltd.” on November 15, 2016. More interesting news about Stratasys, Ltd. (NASDAQ:SSYS) was released by: Plasticsnews.com and their article: “Stratasys prompting possibilities past prototypes” with publication date: October 22, 2016.

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By Dolores Ford


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