Camtek Incorporated (NASDAQ:CAMT) Short Interest Decreased By 20.35%

September 17, 2017 - By Adrian Mccoy

 Camtek Incorporated (NASDAQ:CAMT) Short Interest Decreased By 20.35%

The stock of Camtek Incorporated (NASDAQ:CAMT) registered a decrease of 20.35% in short interest. CAMT’s total short interest was 247,700 shares in September as published by FINRA. Its down 20.35% from 311,000 shares, reported previously. With 177,400 shares average volume, it will take short sellers 1 days to cover their CAMT’s short positions. The short interest to Camtek Incorporated’s float is 1.32%.

The stock decreased 0.39% or $0.02 on September 15, reaching $5.08. About 50,797 shares traded. Camtek LTD. (NASDAQ:CAMT) has risen 166.84% since September 17, 2016 and is uptrending. It has outperformed by 150.14% the S&P500.

Camtek Ltd. provides automated and technological solutions for production processes and products yield, enabling and supporting customers’ technologies in the semiconductor fabrication and printed circuit board industries. The company has market cap of $177.50 million. The Firm designs, develops, makes and markets products mainly based on two core technologies: automated optical inspection (AOI) and functional ink technology (FIT). It currently has negative earnings. The Company’s AOI systems are computerized systems that optically inspect various types of electronic product components for defects caused during the manufacturing process.

Camtek LTD. (NASDAQ:CAMT) Ratings Coverage

Among 4 analysts covering Camtek Ltd (NASDAQ:CAMT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Camtek Ltd had 9 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by B. Riley & Co on Thursday, August 3. Chardan Capital Markets maintained Camtek LTD. (NASDAQ:CAMT) on Thursday, July 30 with “Buy” rating. The rating was maintained by Needham on Friday, February 12 with “Buy”. The company was maintained on Friday, July 21 by B. Riley & Co. On Monday, July 27 the stock rating was initiated by Needham with “Buy”. Zacks upgraded it to “Hold” rating and $3 target in Thursday, August 6 report. The rating was downgraded by Needham on Tuesday, June 27 to “Hold”. The company was upgraded on Friday, September 4 by Zacks. Needham maintained the shares of CAMT in report on Friday, July 22 with “Buy” rating.

More notable recent Camtek LTD. (NASDAQ:CAMT) news were published by: Prnewswire.com which released: “Camtek Reaches Final Settlement with Rudolph Technologies” on July 31, 2017, also Fool.com with their article: “Why Camtek Ltd.’s Stock Fell Sharply on Tuesday” published on June 27, 2017, Seekingalpha.com published: “Camtek: Why We Sold Our PCB Activity” on July 20, 2017. More interesting news about Camtek LTD. (NASDAQ:CAMT) were released by: Seekingalpha.com and their article: “Camtek’s CEO Discusses Record First Quarter” published on May 09, 2017 as well as Seekingalpha.com‘s news article titled: “Camtek: Our Strategy For Continued Growth Into 2017 And Beyond” with publication date: January 09, 2017.

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