Will Aehr Test Systems (NASDAQ:AEHR) Run Out of Steam Soon? Short Interest is Up

June 20, 2017 - By Kurt Siggers

 Will Aehr Test Systems (NASDAQ:AEHR) Run Out of Steam Soon? Short Interest is Up

Investors sentiment decreased to 1.67 in Q4 2016. Its down 0.08, from 1.75 in 2016Q3. It dropped, as 2 investors sold Aehr Test Systems shares while 1 reduced holdings. 0 funds opened positions while 5 raised stakes. 1.59 million shares or 1.97% more from 1.55 million shares in 2016Q3 were reported.
Minerva Limited Liability Co, a Pennsylvania-based fund reported 50,613 shares. Morgan Stanley accumulated 19,669 shares or 0% of the stock. Geode Capital Management Lc stated it has 82,292 shares or 0% of all its holdings. Awm holds 1.05 million shares or 0.5% of its portfolio. Vanguard Group Inc Inc reported 127,303 shares or 0% of all its holdings. Moreover, Deutsche Comml Bank Ag has 0% invested in Aehr Test Systems (NASDAQ:AEHR) for 20,057 shares. Blackrock Fund Advsrs reported 4,011 shares. Raymond James Svcs Advsr stated it has 155,971 shares or 0% of all its holdings. Renaissance Techs Ltd Liability Co invested 0% in Aehr Test Systems (NASDAQ:AEHR).

Since January 10, 2017, it had 0 buys, and 9 insider sales for $1.05 million activity. Erickson Gayn sold $65,776 worth of stock. SANO KUNIO had sold 10,000 shares worth $33,875. On Tuesday, February 14 the insider HENDRICKSON DAVID S sold $112,956. Schneider John M. sold $753,110 worth of stock.

The stock of Aehr Test Systems (NASDAQ:AEHR) registered an increase of 15.79% in short interest. AEHR’s total short interest was 393,700 shares in June as published by FINRA. Its up 15.79% from 340,000 shares, reported previously. With 69,100 shares average volume, it will take short sellers 6 days to cover their AEHR’s short positions. The short interest to Aehr Test Systems’s float is 2.87%.

About 12,154 shares traded. Aehr Test Systems (NASDAQ:AEHR) has risen 308.65% since June 20, 2016 and is uptrending. It has outperformed by 291.95% the S&P500.

Aehr Test Systems is engaged in the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry. The company has market cap of $60.45 million. The Firm makes and markets full wafer contact test systems, test during burn-in systems, test fixtures, die carriers and related accessories. It currently has negative earnings. The Company’s principal products are the Advanced Burn-In and Test System , the FOX full wafer contact parallel test and burn-in systems, WaferPak full wafer contactor, the DiePak carrier and test fixtures.

More notable recent Aehr Test Systems (NASDAQ:AEHR) news were published by: Globenewswire.com which released: “Aehr Test Systems to Introduce Next Generation FOX-XPâ„¢ Test and Burn-in …” on July 11, 2016, also Globenewswire.com with their article: “Aehr Test Systems to Present at the Craig-Hallum Alpha Select Conference in …” published on November 04, 2016, Globenewswire.com published: “Aehr Test Systems and Semics Inc. Announce Manufacturing and Development …” on August 24, 2016. More interesting news about Aehr Test Systems (NASDAQ:AEHR) were released by: Globenewswire.com and their article: “Aehr Test Systems Announces Private Placement of Common Stock and Select …” published on September 23, 2016 as well as Seekingalpha.com‘s news article titled: “Aehr Test Systems’ (AEHR) CEO Gayn Erickson on Q2 2017 Results – Earnings Call …” with publication date: January 06, 2017.

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