Short Interest Update on Axcelis Technologies (ACLS)

Axcelis Technologies (ACLS) : Traders are getting increasingly bearish on Axcelis Technologies (ACLS), as can be seen in the addition of short positions from 708,097 on Jul 29, 2016, to 763,800 on August 15, 2016. The net change in shorts is 55,703 shares, an increase of 7.9%. 3 days remain before the expiry. The 2.7% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 234,288. The short interest information was released on Wednesday Aug 24th after the market close.

Axcelis Technologies (NASDAQ:ACLS): The stock opened at $11.92 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.94 for the day. The stock traded down to $11.70 during the day, due to lack of any buying support eventually closed down at $11.72 with a loss of -1.51% for the day. The stock had closed at $11.90 on the previous day. The total traded volume was 53,138 shares.


In a related news, The Securities and Exchange Commission has divulged that Bintz William J, officer (EVP, Engineering and Marketing) of Axcelis Technologies Inc, had unloaded 25,750 shares at an average price of $11.98 in a transaction dated on August 8, 2016. The total value of the transaction was worth $308,485.

Axcelis Technologies, Inc. designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company sells its equipment to semiconductor chip manufacturers across the world. In addition to equipment, it provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Its customers are located in the United States, Europe and Asia Pacific. The Company offers a line of high energy, high current and medium current implanters for all application requirements. Its newest systems are all based on a common Purion platform which offers purity, precision and productivity by combining a single wafer end station, enabling unmatched throughput (500 wafers per hour) and a spot beam. Its Purion XE is the high energy system, which combines Axcelis production-proven RF Linac high energy, spot beam technology with the Purion platform.

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