voxeljet AG (NASDAQ:VJET) Sees Large Growth in Short Interest

voxeljet AG (NASDAQ:VJETGet Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 41,500 shares, an increase of 29.3% from the March 31st total of 32,100 shares. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is currently 1.5 days.

Several hedge funds have recently added to or reduced their stakes in VJET. Advisor Group Holdings Inc. boosted its holdings in shares of voxeljet by 31.5% during the fourth quarter. Advisor Group Holdings Inc. now owns 8,345 shares of the company’s stock worth $49,000 after purchasing an additional 2,000 shares during the period. UBS Group AG increased its stake in shares of voxeljet by 32.0% during the third quarter. UBS Group AG now owns 39,427 shares of the company’s stock valued at $360,000 after buying an additional 9,565 shares during the period. Finally, Morgan Stanley raised its holdings in shares of voxeljet by 32.5% during the second quarter. Morgan Stanley now owns 47,657 shares of the company’s stock valued at $610,000 after acquiring an additional 11,703 shares in the last quarter. Hedge funds and other institutional investors own 1.15% of the company’s stock.

Shares of NASDAQ:VJET opened at $4.41 on Monday. voxeljet has a 12-month low of $3.63 and a 12-month high of $15.46. The company has a quick ratio of 1.53, a current ratio of 1.97 and a debt-to-equity ratio of 0.40. The company’s 50-day moving average is $4.43. The company has a market capitalization of $30.99 million, a PE ratio of -5.38 and a beta of 1.93.

voxeljet Company Profile (Get Rating)

voxeljet AG provides three-dimensional (3D) printers and on-demand parts services to industrial and commercial customers in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. It operates in two segments, Systems and Services. The Systems segment develops, manufactures, and sells 3D printers.

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