Aixtron Se (OTCMKTS:AIXXF) Sees Significant Drop in Short Interest

Aixtron Se (OTCMKTS:AIXXF) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 112,411 shares, a decline of 18.3% from the March 15th total of 137,559 shares. Based on an average daily trading volume, of 20,107 shares, the short-interest ratio is presently 5.6 days.

Aixtron Stock Performance

OTCMKTS:AIXXF opened at $47.48 on Thursday. The stock’s 50 day moving average price is $34.75 and its 200 day moving average price is $25.19. Aixtron has a 52 week low of $11.74 and a 52 week high of $50.98.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Oddo Bhf downgraded Aixtron to a “neutral” rating in a report on Tuesday. Jefferies Financial Group upgraded Aixtron to a “buy” rating in a report on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Aixtron Company Profile

Aixtron SE, founded in 1983 and headquartered in Herzogenrath, Germany, is a leading provider of deposition equipment for the compound semiconductor industry. The company’s core expertise lies in metal-organic chemical vapor deposition (MOCVD) and atomic layer deposition (ALD) systems, which are used to grow epitaxial layers of materials like gallium nitride, gallium arsenide and related alloys. These systems support applications ranging from light-emitting diodes (LEDs) and laser diodes to power electronics, photonic devices and data communications components.

Operating globally, Aixtron maintains R&D, manufacturing and service facilities across Europe, Asia and North America.