Short Interest: Is Buying Camtek Incorporated (NASDAQ:CAMT), Having Lower Short Interest a Winning Strategy?

November 28, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest: Is Buying Camtek Incorporated (NASDAQ:CAMT), Having Lower Short Interest a Winning Strategy?

The stock of Camtek Incorporated (NASDAQ:CAMT) registered a decrease of 21.43% in short interest. CAMT’s total short interest was 66,000 shares in November as published by FINRA. Its down 21.43% from 84,000 shares, reported previously. With 52,100 shares average volume, it will take short sellers 1 days to cover their CAMT’s short positions. The short interest to Camtek Incorporated’s float is 0.35%. About 4,649 shares traded hands. Camtek LTD. (NASDAQ:CAMT) has risen 33.18% since April 25, 2016 and is uptrending. It has outperformed by 27.17% the S&P500.

Camtek Ltd. provides automated and technological solutions for production processes and products yield, enabling and supporting customers’ technologies in the semiconductor fabrication and printed circuit board industries. The company has a market cap of $103.78 million. The Firm designs, develops, makes and markets products mainly based on two core technologies: automated optical inspection (AOI) and functional ink technology (FIT). It currently has negative earnings. The Company’s AOI systems are computerized systems that optically inspect various types of electronic product components for defects caused during the manufacturing process.

Camtek LTD. (NASDAQ:CAMT) Ratings Coverage

Out of 3 analysts covering Camtek Ltd (NASDAQ:CAMT), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Camtek Ltd has been the topic of 6 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Friday, September 4 by Zacks. The stock has “Buy” rating given by Needham on Friday, July 22. On Thursday, July 30 the stock rating was maintained by Chardan Capital Markets with “Buy”. Needham initiated the stock with “Buy” rating in Monday, July 27 report. Zacks upgraded the shares of CAMT in a report on Thursday, August 6 to “Hold” rating. The firm earned “Buy” rating on Friday, February 12 by Needham.

CAMT Company Profile

Camtek Ltd. (Camtek), incorporated on October 21, 1987, provides automated and technological solutions for production processes and products yield, enabling and supporting customers’ technologies in the semiconductor fabrication and printed circuit board (PCB) industries. The Firm designs, develops, makes and markets products mainly based on two core technologies: automated optical inspection (AOI) and functional ink technology (FIT). The Company’s AOI systems are computerized systems that optically inspect various types of electronic product components for defects caused during the manufacturing process. The Company’s AOI systems are used for both production processes and for manufacturers in the semiconductor fabrication industry, as well as the PCB industry. The Company’s AOI products incorporate image processing software and algorithms, as well as electro-optics and precision mechanics. In addition, the Company’s AOI systems use technology to handle a range of inspection and verification needs.

Another recent and important Camtek LTD. (NASDAQ:CAMT) news was published by Quotes.Wsj.com which published an article titled: “News Camtek Ltd.CAMT” on February 11, 2011.

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By Winifred Garcia


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