ATMI Sees Significant Decrease in Short Interest (ATMI)
Shares of ATMI (NASDAQ:ATMI) were the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totalling 395,300 shares, a drop of 36.9% from the April 15th total of 626,419 shares, American Banking and Market News reports. Based on an average trading volume of 325,255 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.2% of the company’s stock are short sold.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of ATMI in a research note on Tuesday, April 22nd. They now have a $34.00 price target on the stock. Analysts at Zacks upgraded shares of ATMI from an “underperform” rating to a “neutral” rating in a research note on Tuesday, February 25th. They now have a $34.80 price target on the stock. Six analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and a consensus price target of $34.27.
ATMI (NASDAQ:ATMI) opened at 33.98 on Tuesday. ATMI has a 52-week low of $21.18 and a 52-week high of $34.58. The stock has a 50-day moving average of $33. and a 200-day moving average of $31.15.
ATMI, Inc (NASDAQ:ATMI) is a supplier of materials, materials packaging and materials delivery systems used globally in the manufacture of microelectronics devices.
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