Materialise NV (NASDAQ:MTLS – Get Rating) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 555,800 shares, an increase of 24.5% from the November 30th total of 446,400 shares. Based on an average daily trading volume, of 199,300 shares, the days-to-cover ratio is presently 2.8 days.
Institutional Investors Weigh In On Materialise
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Green Alpha Advisors LLC acquired a new position in Materialise during the second quarter worth $627,000. Exchange Traded Concepts LLC raised its holdings in shares of Materialise by 19.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 83,858 shares of the software maker’s stock valued at $898,000 after purchasing an additional 13,379 shares during the period. Vident…
