Aixtron SE/ADR (OTCMKTS:AIIXY) Short Interest Update

Aixtron SE/ADR (OTCMKTS:AIIXY) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,863 shares, a growth of 10,911.5% from the May 14th total of 26 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,455 shares, the days-to-cover ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Aixtron SE/ADR from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Aixtron SE/ADR Stock Down 1.7%

Shares of OTCMKTS:AIIXY traded down $2.14 during midday trading on Tuesday, reaching $126.00. 3,126 shares of the company’s stock were exchanged, compared to its average volume of 872. The firm’s 50 day simple moving average is $109.11 and its two-hundred day simple moving average is $71.63. Aixtron SE/ADR has a fifty-two week low of $28.52 and a fifty-two week high of $143.05.

Aixtron SE/ADR (OTCMKTS:AIIXY) is a Germany?based technology company specializing in the development and manufacture of deposition equipment for the semiconductor industry. The company’s core expertise lies in metalorganic chemical vapor deposition (MOCVD) systems, which are used to produce compound semiconductor materials such as gallium nitride (GaN), gallium arsenide (GaAs) and indium phosphide (InP). These materials are critical to the fabrication of light?emitting diodes (LEDs), laser diodes, power electronics and high?frequency devices.

In addition to its flagship MOCVD platforms, Aixtron offers a range of complementary thin?film deposition tools, including atomic layer deposition (ALD) and plasma?enhanced chemical vapor deposition (PECVD) systems.