Short Interest Change: Will Axcelis Tech Incorporated (NASDAQ:ACLS) Run Out of Steam Soon? Short Interest is Up

November 23, 2016 - By Darrin Black   ·   0 Comments

Short Interest Change: Will Axcelis Tech Incorporated (NASDAQ:ACLS) Run Out of Steam Soon? Short Interest is Up

The stock of Axcelis Tech Incorporated (NASDAQ:ACLS) registered an increase of 9.59% in short interest. ACLS’s total short interest was 960,100 shares in November as published by FINRA. Its up 9.59% from 876,100 shares, reported previously. With 80,900 shares average volume, it will take short sellers 12 days to cover their ACLS’s short positions. The short interest to Axcelis Tech Incorporated’s float is 3.72%. About 358 shares traded hands. Axcelis Technologies Inc (NASDAQ:ACLS) has risen 21.52% since April 21, 2016 and is uptrending. It has outperformed by 16.19% the S&P500.

Axcelis Technologies, Inc. designs, makes and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The company has a market cap of $405.26 million. The Firm operates through the manufacture of capital equipment for the semiconductor manufacturing industry segment. It has a 52.83 P/E ratio. The Firm sells its equipment to semiconductor chip manufacturers across the world.

Insitutional Activity: The institutional sentiment decreased to 0.01 in Q2 2016. Its down 0.54, from 0.55 in 2016Q1. The ratio turned negative, as 34 funds sold all Axcelis Technologies Inc shares owned while 24 reduced positions. 5 funds bought stakes while 27 increased positions. They now own 43.44 million shares or 46.93% less from 81.85 million shares in 2016Q1.
Blackrock Institutional Tru Co Na holds 0% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS) for 3.33 million shares. Blackrock owns 101,455 shares or 0% of their US portfolio. Tfs Cap Ltd Limited Liability Company holds 0.01% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS) for 16,329 shares. Menta Limited Liability has 0.02% invested in the company for 45,838 shares. Tiaa Cref Mngmt Limited has 357,922 shares for 0% of their US portfolio. Moreover, Secor Capital Advisors Lp has 0.21% invested in Axcelis Technologies Inc (NASDAQ:ACLS) for 154,381 shares. The Michigan-based Plante Moran Advsr Ltd Co has invested 0% in Axcelis Technologies Inc (NASDAQ:ACLS). National Bank Of Ny Mellon holds 0% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS) for 434,821 shares. Moreover, Nationwide Fund Advsrs has 0% invested in Axcelis Technologies Inc (NASDAQ:ACLS) for 101,785 shares. Proshare Advsrs accumulated 14,261 shares or 0% of the stock. Blackrock Fund Advsrs has invested 0% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS). D E Shaw & holds 0% of its portfolio in Axcelis Technologies Inc (NASDAQ:ACLS) for 470,143 shares. California State Teachers Retirement System, a California-based fund reported 244,469 shares. Keybank Association Oh, a Ohio-based fund reported 132,581 shares. Employees Retirement Of Texas last reported 815,000 shares in the company.

Insider Transactions: Since August 5, 2016, the stock had 1 insider purchase, and 1 sale for $252,278 net activity. George Arthur L Jr also bought $56,207 worth of Axcelis Technologies Inc (NASDAQ:ACLS) shares. Bintz William J sold $308,485 worth of stock.

Axcelis Technologies Inc (NASDAQ:ACLS) Ratings Coverage

Out of 3 analysts covering Axcelis Technologies (NASDAQ:ACLS), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Axcelis Technologies has been the topic of 4 analyst reports since August 8, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by TheStreet given on Tuesday, September 22. The rating was maintained by Benchmark on Thursday, November 5 with “Buy”. The stock of Axcelis Technologies Inc (NASDAQ:ACLS) earned “Buy” rating by Needham on Wednesday, October 5. The stock of Axcelis Technologies Inc (NASDAQ:ACLS) has “Hold” rating given on Saturday, August 8 by TheStreet.

ACLS Company Profile

Axcelis Technologies, Inc. (Axcelis), incorporated on December 21, 1995, designs, makes and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Firm operates through the manufacture of capital equipment for the semiconductor manufacturing industry segment. The Firm sells its equipment to semiconductor chip manufacturers across the world. In addition to equipment, it provides aftermarket lifecycle services and products, including used tools, spare parts, equipment upgrades, maintenance services and customer training. The Firm offers a line of high energy, high current and medium current implanters for various application requirements. The Company’s other products include legacy dry strip equipment, curing systems and thermal processing systems.

More important recent Axcelis Technologies Inc (NASDAQ:ACLS) news were published by: Prnewswire.com which released: “Axcelis Technologies to Ring NASDAQ Market Opening Bell on October 4, 2016” on October 03, 2016, also Quotes.Wsj.com published article titled: “News Axcelis Technologies Inc.ACLS”, Finance.Yahoo.com published: “/C O R R E C T I O N — Axcelis Technologies, Inc./” on July 01, 2016. More interesting news about Axcelis Technologies Inc (NASDAQ:ACLS) was released by: Prnewswire.com and their article: “Axcelis Appoints Dr. Russell Low New Executive Vice President Of Engineering” with publication date: October 31, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Darrin Black


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>