Kulicke and Soffa shares had a trading volume of 3,460K by the end of trading on Tuesday. Volume was up 553.12% over the stocks average daily volume.
Investors are feeling more bullish on shares of the company of late if you evaluate the downtick in short interest. The firm recorded a fall in short interest of -8.50% between September 29, 2017 and October 13, 2017. Short interest fell 72,372 over that timeframe. With short interest at 778,952 and short average daily volume at 352,115, the short-interest ratio is 2.0 and the percentage of shorted shares is 0.01% as of October 13.
A few notable investment firms have updated their holdings. Alliancebernstein L.p. augmented its stake by buying 46,500 shares an increase of 2.7% from 06/30/2017 to 09/30/2017. Alliancebernstein L.p. claims 1,752,480 shares worth $37,801,000. The value of the position overall is up by 16.5%. Lsv Asset Management added to its holdings by buying 297,054 shares an increase of 9.2% as of 09/30/2017. Lsv Asset Management owns 3,516,580 shares with a value of $75,852,000. The total value of its holdings increased 23.9%.
As of the end of the quarter Dimensional Fund Advisors Lp had bought a total of 22,569 shares growing its holdings by 0.4%. The value of the investment in KLIC increased from $113,575,000 to $129,288,000 increasing 13.8% quarter over quarter. As of quarter end Raymond James & Associates had disposed of 21,199 shares trimming its position 41.6%. The value of the company’s investment in Kulicke and Soffa went from $969,000 to $642,000 a change of $327,000 quarter to quarter.
In the market the company is trading down by 7.87% since yesterday’s close of 28.52. The P/E ratio is 16.94 and the market cap is 1.87B. As of the last earnings report the EPS was $1.55 with 71.10M shares presently outstanding.
Kulicke and Soffa Industries, Inc., launched on November 26, 1956, designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools. The Equipment segment manufactures and sells a line of ball bonders, wedge bonders, advanced packaging and surface mount technology solutions. The Expendable Tools segment manufactures and sells expendable tools for a range of semiconductor packaging applications. It offers capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (ICs), high and low powered discrete devices, light-emitting diodes (LEDs) and power modules. Its customers primarily consist of semiconductor device manufacturers, outsourced semiconductor assembly and test providers (OSATs), other electronics manufacturers and automotive electronics suppliers..