What’s Acm Research Inc – Class A (NASDAQ:ACMR) Upside After This Short Interest Increase?

March 16, 2018 - By Henry Gaston

 What's Acm Research Inc   Class A (NASDAQ:ACMR) Upside After This Short Interest Increase?

The stock of Acm Research Inc – Class A (NASDAQ:ACMR) registered an increase of 156.19% in short interest. ACMR’s total short interest was 26,900 shares in March as published by FINRA. Its up 156.19% from 10,500 shares, reported previously. With 71,200 shares average volume, it will take short sellers 0 days to cover their ACMR’s short positions. The short interest to Acm Research Inc – Class A’s float is 0.32%.

The stock decreased 11.33% or $1.59 during the last trading session, reaching $12.44. About 192,114 shares traded or 171.64% up from the average. ACM Research, Inc. (NASDAQ:ACMR) has 0.00% since March 16, 2017 and is . It has underperformed by 16.70% 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 $190.90 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.

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