Aixtron SE/ADR (OTCMKTS:AIIXY) Stock Short Interest Rises 422.4%

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

Analysts Set New Price Targets

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

Aixtron SE/ADR Stock Performance

Shares of OTCMKTS AIIXY opened at $82.20 on Friday. The company has a 50 day simple moving average of $85.49 and a 200 day simple moving average of $99.57. Aixtron SE/ADR has a 1 year low of $28.52 and a 1 year high of $143.05.

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.