Aixtron SE/ADR (OTCMKTS:AIIXY) Sees Significant Growth in Short Interest

Aixtron SE/ADR (OTCMKTS:AIIXY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 256 shares, a growth of 422.4% from the September 15th total of 49 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 196 shares, the days-to-cover ratio is presently 1.3 days.

Aixtron SE/ADR Stock Performance

Aixtron SE/ADR stock opened at $82.20 on Monday. Aixtron SE/ADR has a one year low of $28.52 and a one year high of $143.05. The company has a 50-day simple moving average of $85.49 and a 200-day simple moving average of $99.71.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Aixtron SE/ADR from a “hold” rating to a “strong sell” rating in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About Aixtron SE/ADR

Aixtron SE is a Germany-based manufacturer of deposition equipment used to produce compound semiconductors and other advanced materials. The company develops and supplies systems based on technologies such as metal-organic chemical vapor deposition (MOCVD), chemical vapor deposition and atomic layer deposition for use in semiconductor manufacturing.

Aixtron’s equipment supports the production of materials including gallium nitride (GaN), silicon carbide (SiC), gallium arsenide and other compound-semiconductor materials.