Axcelis Technologies, Inc. (NASDAQ:ACLS) Short Interest Up 17.4% in December

Axcelis Technologies, Inc. (NASDAQ:ACLS – Get Rating) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,130,000 shares, a growth of 17.4% from the November 30th total of 962,200 shares. Approximately 3.5% of the company’s stock are short sold. Based on an average daily volume of 394,800 shares, the days-to-cover ratio is currently 2.9 days.

Insider Transactions at Axcelis Technologies

In other Axcelis Technologies news, EVP Russell Low sold 7,700 shares of the business’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of $73.64, for a total transaction of $567,028.00. Following the completion of the sale, the executive vice president now owns 69,293 shares in the company, valued at approximately $5,102,736.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the

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