Will Acm Research Inc – Class A (NASDAQ:ACMR) Run Out of Steam Soon? Short Interest is Up

June 16, 2018 - By Kenneth Lin

The stock of Acm Research Inc – Class A (NASDAQ:ACMR) registered an increase of 58.39% in short interest. ACMR’s total short interest was 70,800 shares in June as published by FINRA. Its up 58.39% from 44,700 shares, reported previously. With 35,500 shares average volume, it will take short sellers 2 days to cover their ACMR’s short positions. The short interest to Acm Research Inc – Class A’s float is 0.84%.

The stock increased 4.25% or $0.57 during the last trading session, reaching $13.98. About 102,498 shares traded or 80.94% up from the average. ACM Research, Inc. (NASDAQ:ACMR) has 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

ACM Research, Inc., together with its subsidiaries, develops, makes, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. The company has market cap of $221.45 million. It offers space alternated phase shift cleaning equipment to deliver megasonic energy to flat and patterned wafer surfaces in a uniform manner on a microscopic level; timely energized bubble oscillation cleaning equipment for conventional two-dimensional and three-dimensional patterned wafers at advanced process nodes; and custom-made wafer assembly and packaging equipment. It currently has negative earnings. The firm markets and sells its products under the Ultra C brand name through direct sales force and third-party representatives.

Another recent and important ACM Research, Inc. (NASDAQ:ACMR) news was published by Globenewswire.com which published an article titled: “ACM Research to Participate in Upcoming Investor Conferences” on May 29, 2018.

ACM Research, Inc. (NASDAQ:ACMR) Ratings Chart

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