Short Interest Worth Watching: Amtech Systems Incorporated (NASDAQ:ASYS)’s Stock Is Buy After Less Market Selling

November 24, 2016 - By Nellie Frank   ·   0 Comments

Short Interest Worth Watching: Amtech Systems Incorporated (NASDAQ:ASYS)'s Stock Is Buy After Less Market Selling

The stock of Amtech Systems Incorporated (NASDAQ:ASYS) registered a decrease of 7.42% in short interest. ASYS’s total short interest was 82,300 shares in November as published by FINRA. Its down 7.42% from 88,900 shares, reported previously. With 11,000 shares average volume, it will take short sellers 8 days to cover their ASYS’s short positions. The short interest to Amtech Systems Incorporated’s float is 0.93%. The stock decreased 4.68% or $0.23 on November 23, hitting $4.68. About 15,521 shares traded hands. Amtech Systems, Inc. (NASDAQ:ASYS) has declined 28.77% since April 22, 2016 and is downtrending. It has underperformed by 34.18% the S&P500.

Amtech Systems, Inc. is a manufacturer of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, light-emitting diode and semiconductor devices. The company has a market cap of $62.70 million. The Company’s divisions include Solar, Semiconductor and Polishing. It currently has negative earnings. The Company’s Solar segment supplies thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition (PECVD), atomic layer deposition (ALD), related automation, parts and services, to the solar/photovoltaic industry.

Insitutional Activity: The institutional sentiment increased to 1.3 in 2016 Q2. Its up 0.70, from 0.6 in 2016Q1. The ratio is positive, as 4 funds sold all Amtech Systems, Inc. shares owned while 11 reduced positions. 3 funds bought stakes while 6 increased positions. They now own 5.56 million shares or 21.09% less from 7.04 million shares in 2016Q1.
Barclays Public Limited has 1,200 shares for 0% of their US portfolio. California Employees Retirement System has invested 0% of its portfolio in Amtech Systems, Inc. (NASDAQ:ASYS). Teton Advisors Inc, a New York-based fund reported 18,000 shares. Federated Pa has invested 0% of its portfolio in Amtech Systems, Inc. (NASDAQ:ASYS). The Pennsylvania-based Wealthtrust Axiom Limited Liability Com has invested 0.13% in Amtech Systems, Inc. (NASDAQ:ASYS). Babson Cap Mngmt Lc holds 90,808 shares or 0.01% of its portfolio. Royal Bancorp Of Canada has 0% invested in the company for 500 shares. Ladenburg Thalmann Services holds 100 shares or 0% of its portfolio. Walthausen Ltd Co holds 0.18% or 286,700 shares in its portfolio. Earnest Partners Limited Liability Company last reported 1,700 shares in the company. Geode Cap Limited Co owns 61,752 shares or 0% of their US portfolio. Kokino Limited Liability holds 53.89% or 2.25M shares in its portfolio. Blackrock Investment Mngmt Lc has invested 0% of its portfolio in Amtech Systems, Inc. (NASDAQ:ASYS). Ironwood Mgmt Ltd Liability Co accumulated 57,282 shares or 0.26% of the stock. Blackrock Ltd Com has 2,148 shares for 0% of their US portfolio.

Amtech Systems, Inc. (NASDAQ:ASYS) Ratings Coverage

Out of 3 analysts covering Amtech Systems (NASDAQ:ASYS), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Amtech Systems has been the topic of 7 analyst reports since August 9, 2015 according to StockzIntelligence Inc. Zacks upgraded the shares of ASYS in a report on Friday, August 21 to “Sell” rating. Stifel Nicolaus maintained the shares of ASYS in a report on Friday, November 20 with “Buy” rating. As per Friday, November 18, the company rating was downgraded by Benchmark. Zacks downgraded the shares of ASYS in a report on Wednesday, August 12 to “Hold” rating.

ASYS Company Profile

Amtech Systems, Inc., incorporated on October 22, 1981, is a maker of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar cells, light-emitting diode (LED) and semiconductor devices. The Company’s wafer handling, thermal processing and consumable products address the diffusion, oxidation and deposition steps used in the fabrication of solar cells, LEDs, semiconductors, microelectromechanical systems (MEMS) and the polishing of newly sliced silicon wafers. The Firm operates in three divisions: Solar, Semiconductor and Polishing. In its Solar segment, the Company supplies thermal processing systems, including diffusion, plasma-enhanced chemical vapor deposition (PECVD), atomic layer deposition (ALD), related automation, parts and services, to the solar/photovoltaic industry. In its Semiconductor segment, the Company supplies thermal processing equipment, including solder reflow equipment and related controls for use by semiconductor manufacturers, and in electronics assembly for automotive and other industries. In its Polishing segment, the Company produces consumables and machinery for lapping (fine abrading), and polishing of materials, such as sapphire substrates, optical components, silicon wafers, and various types of crystalline materials, ceramics and metal components.

Another recent and important Amtech Systems, Inc. (NASDAQ:ASYS) news was published by Prnewswire.com which published an article titled: “Amtech Systems Completes Acquisition of BTU International” on January 30, 2015.

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By Nellie Frank

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