What’s Propelling Ichor Holdings – Ordinary Shares (NASDAQ:ICHR) After Lower Shorts Reported?

The stock of Ichor Holdings – Ordinary Shares (NASDAQ:ICHR) registered a decrease of 15.23% in short interest. ICHR’s total short interest was 3.45M shares in September as published by FINRA. Its down 15.23% from 4.07M shares, reported previously. With 262,100 shares average volume, it will take short sellers 13 days to cover their ICHR’s short positions. The short interest to Ichor Holdings – Ordinary Shares’s float is 15.63%.

The stock increased 1.31% or $0.34 during the last trading session, reaching $26.3. About 165,313 shares traded. Ichor Holdings, Ltd. (NASDAQ:ICHR) has risen 27.19% since September 13, 2018 and is uptrending. It has outperformed by 27.19% the S&P500.

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems for semiconductor capital equipment in the United States, the United Kingdom, Singapore, and Malaysia. The company has market cap of $590.31 million. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices. It has a 40.84 P/E ratio. The companyÂ’s gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising electroplating and cleaning.

Ichor Holdings, Ltd. (NASDAQ:ICHR) Ratings Coverage

Among 2 analysts covering Ichor Holdings (NASDAQ:ICHR), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ichor Holdings has $3200 highest and $2500 lowest target. $28.50’s average target is 8.37% above currents $26.3 stock price. Ichor Holdings had 5 analyst reports since April 7, 2019 according to SRatingsIntel. DA Davidson downgraded it to “Neutral” rating and $2500 target in Monday, July 8 report.

More notable recent Ichor Holdings, Ltd. (NASDAQ:ICHR) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 16, 2019 – Benzinga” on May 16, 2019, also Seekingalpha.com with their article: “Ichor Systems – On The Acquisition Trail – Seeking Alpha” published on November 14, 2017, Fool.com published: “Why Shares of Ichor Holdings Jumped Today – Motley Fool” on August 24, 2018. More interesting news about Ichor Holdings, Ltd. (NASDAQ:ICHR) were released by: Finance.Yahoo.com and their article: “Is Commvault Systems, Inc.’s (NASDAQ:CVLT) ROE Of 1.5% Concerning? – Yahoo Finance” published on August 07, 2019 as well as Finance.Yahoo.com‘s news article titled: “3 Stocks That Have Doubled and Still Have Room to Grow – Yahoo Finance” with publication date: July 25, 2019.

Ichor Holdings, Ltd. (NASDAQ:ICHR) Ratings Chart

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