AXTI AXT Inc
XNAS 56.79 DelayedStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
AXTI
$56.79
—
Key stats
$56.79
Pre-market
$54.89
-3.35%
- 52-Week Range
- $4.81 – $143.16
- YTD
- +238.84%
- IV Rank (30D)
- 21.76
- Straddle Price
- $15.60
- P/C Vol Ratio
- 0.67
- Market Cap
- $3.4B
- Open
- $55.33
- Day Range
- $54.66 – $59.43
- Volume
- 13,443,810
- Prev Close
- $51.47
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.19% |
| Beta vs SPY | 1.79 |
| Cost of Equity (CAPM) | 15.01% (VRP-adj) |
| WACC | 14.75% |
| Volatility Risk Premium | +14.3pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.0B |
| Return on Equity (TTM) | 0.5% |
| Book / Price | 12.6% |
| Gross Margin (TTM) | 21.3% |
| FCF Margin (TTM) | -20.4% |
| Debt / Equity | 0.00 |
| Quality Score | 2/6 — normal (10y DCF) |
| SMA 50 | $70.80 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $73.53 |
| Bollinger Width / SMA20 | 70.0% (drives anchor stability) |
| Net Debt | $-0.0B |
| Market Cap | $2B |
Peers used for multiples: AAOI, AMAT, AMD, LITE, MRVL, MU, SNDK, WDC
60-Day Conviction
92%
20-Day Fair Value
≈ by Nov 17, 2026
$58.42
α +2.9%
rank 74%
conviction
97%
40-Day Fair Value
≈ by Dec 16, 2026
$58.81
α +3.6%
rank 67%
conviction
91%
60-Day Fair Value
≈ by Jan 14, 2027
$59.17
α +4.2%
rank 66%
conviction
92%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 27.2× · 6 peers |
| Peer EV/EBITDA | n/a | 0% | median 33.7× · 7 peers |
| Peer P/B | $84.40 | 22% | median 13.1× · 8 peers |
| Peer P/S | $26.26 | 22% | median 11.5× · 8 peers |
| Market Anchor (SMA50) | $70.80 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $49.38 | 56% | 36 strikes · skew +0.16 |
As of 2026-10-19 · updated
Related
About
- Industry (SIC)
- SEMICONDUCTORS & RELATED DEVICES (3674) · industry map
- Exchange
- XNAS
- Market Cap
- $3.4B
- Employees
- 1,072
- List Date
- 1998-05-21
- CIK
- 0001051627
- Next Earnings
- 2026-10-29 (After-Close)
- EPS Forecast
- $0.30 (3 est.)
- Headquarters
- Fremont, CA
- Homepage
- http://www.axt.com
AXT Inc is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with ar…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 5.09% | -17.24% | 34.78% | -0.40% | -4.57% | 10.62% | 4.71% |
| Feb | 18.30% | -0.27% | -30.08% | 70.24% | -22.71% | 80.99% | 19.41% |
| Mar | -15.38% | -2.09% | -7.44% | 7.49% | -9.03% | 23.01% | -0.57% |
| Apr | -19.90% | -14.49% | -32.41% | -37.63% | -9.09% | 68.05% | -7.58% |
| May | 3.14% | -1.18% | 31.15% | 31.83% | 11.85% | 7.46% | 14.04% |
| Jun | 5.78% | 2.27% | 1.78% | -4.79% | 33.12% | -34.20% | 0.66% |
| Jul | -5.38% | 53.05% | -11.40% | 5.51% | 3.48% | -8.09% | 6.19% |
| Aug | -7.36% | -6.73% | -15.58% | -19.45% | 51.04% | -11.74% | -1.64% |
| Sep | -10.43% | -22.18% | -9.09% | -1.22% | 36.89% | 37.96% | 5.32% |
| Oct | -1.33% | -35.24% | -16.74% | 10.04% | 61.91% | -30.58%* | -1.99% |
| Nov | -3.41% | 12.50% | 3.11% | 1.42% | 26.48% | -- | 8.02% |
| Dec | 9.71% | -18.13% | 18.81% | -1.81% | 51.60% | -- | 12.04% |
| Total | -24.53% | -53.73% | -45.42% | 31.26% | 503.27% | 127.35% | 89.70% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $72.38
SMA 50: $70.16
SMA 200: $63.25
Current: $56.79
EMA 12: $64.88
EMA 26: $68.34
MACD: -3.4599 | Signal: -2.9986
BEARISH
ADX (14): 21.36
WEAK TREND
+DI: 18.07
−DI: 32.55
Momentum Oscillators
RSI (14): 39.52
NEUTRAL
Stoch %K: 10.66
Stoch %D: 9.74
Williams %R: -83.54
Volume & Volatility
BB Upper: $92.39
BB Lower: $52.37
NEUTRAL
OBV: 264,467,587
Vol SMA 20: 8,646,487
Vol ROC: 170.09%
ATR: $6.81
True Range: $7.96
HV 20: 99.4%
HV 30: 113.4%
HV 60: 147.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-21T00:00:00 – 2026-10-19T00:00:00
AI Analysis
AXTI STOCK ANALYSIS REPORT
Executive Summary
Overall Assessment: BULLISH with 7/10 confidence level
AXTI presents a compelling risk/reward setup characterized by strong technical momentum and consistently positive news sentiment, though elevated volatility and extreme valuation metrics warrant caution. The stock has staged a significant recovery (+35%+ implied from recent 22% dip commentary) on the back of geographic expansion catalysts and capacity growth initiatives in the attractive indium phosphide (InP) wafer market.
Key Drivers:
- Positive inflection in InP market fundamentals ($679.76M market by 2035)
- Geographic revenue expansion initiatives gaining traction
- Strong technical momentum with price well above all major moving averages
Primary Risks:
- Extreme volatility (156.2% HV60, Beta 4.31) creates significant drawdown potential
- Elevated stochastic readings (84.20 %K) suggest overbought conditions
- Inconsistent trend strength (ADX 16.78) indicates potential consolidation despite positive price action
Investment Thesis: AXTI exhibits strong fundamental tailwinds from InP market expansion and positive recent news flow supporting current price strength. However, the combination of extreme volatility, overbought technicals, and limited trend confirmation (low ADX) suggests a "higher for longer" setup rather than a sustained breakout. Risk management is critical given the 4.31 beta profile.
Recent News Sentiment Impact: Recent news flow is overwhelmingly positive (5 of 6 recent headlines positive), with the most recent "Bull of the Day" designation (Sept 18) aligning perfectly with current price strength. The narrative has shifted from "dip is attractive" to "growth continues," suggesting institutional positioning into capacity/geographic expansions.
Technical Analysis
Trend Direction
Short-term (1-4 weeks): STRONGLY BULLISH
- Price: $80.83 trading decisively above SMA 20 ($67.79, +19.2%), SMA 50 ($66.63, +21.2%), and SMA 200 ($59.35, +36.1%)
- EMA positioning confirms uptrend: EMA 12 ($73.33) > EMA 26 ($70.22) > SMA 50
- Price trading in upper half of Bollinger Bands (current at $80.83 vs upper $84.23)
- Implication: Near-term uptrend is intact with minimal pullback risk to $73 (EMA 12)
Medium-term (1-3 months): BULLISH with caution
- Significant distance from 50-day MA ($66.63) and 200-day MA ($59.35) suggests sustainable trend
- MACD histogram positive at 1.59 with MACD (3.11) > Signal (1.52) confirming bullish momentum
- However, ADX at 16.78 (below 20 threshold) indicates trend strength is moderate, not exceptional
- Implication: Uptrend likely continues but susceptible to consolidation phases
Long-term (3-12 months): NEUTRAL to BULLISH
- Price has broken above 200-day MA convincingly ($80.83 vs $59.35 = +36%)
- Low correlation (0.36 to SPY) and positive alpha (3.34) suggest stock-specific drivers dominating
- 156.2% HV60 indicates high volatility may obscure long-term trend clarity
- Implication: Longer-term trend depends on sustained InP market tailwinds and execution on geographic expansion
Support/Resistance Levels
Resistance (Ascending Order):
- Upper Bollinger Band: $84.23 — Current price $80.83 is 3.4% below; next near-term resistance
- $90-95 zone — Implied from recent rally structure; would represent +11% to +17% from current
- Psychological $100 level — Major resistance in spec biotech/materials space
Support (Descending Order):
- EMA 12: $73.33 — Immediate support representing first meaningful pullback target (-9.3% from current)
- SMA 20: $67.79 — Secondary support; loss would signal momentum shift (-16.1%)
- SMA 50: $66.63 — Major support zone; holds entire uptrend (-17.5%)
- SMA 200: $59.35 — Long-term support; break would invalidate recovery thesis (-26.6%)
Key Technical Observation: The wide spacing between current price ($80.83) and SMA 50 ($66.63) creates a 14-point cushion — typical of sustained trends but also suggests limited support until EMA 12.
Momentum Signals
RSI (14): 59.11 — NEUTRAL
- Reading falls squarely in neutral zone (30-70 range)
- Not overbought (would require >70), despite strong uptrend
- Suggests room for continued upside without immediate mean-reversion risk
- Implication: RSI does NOT flash sell signal; momentum can persist
Stochastic Oscillators: OVERBOUGHT DIVERGENCE
- %K: 84.20 (overbought, >80)
- %D: 80.71 (overbought)
- Williams %R: -5.17 (extremely overbought, <-20 threshold)
- Signal: Classic overbought configuration across all three oscillators
- Important Context: Overbought readings in strong trending markets often persist rather than immediately reverse
- Implication: Risk of near-term pullback (typically 3-7 days) to 20-day SMA, but doesn't invalidate uptrend
MACD: STRONG BULLISH MOMENTUM
- MACD: 3.11, Signal: 1.52, Histogram: +1.59
- Histogram positive with MACD > Signal confirms bullish momentum
- MACD well above zero line indicates sustained upward momentum
- Implication: Momentum indicators are internally conflicted — overbought stochastics vs. clean MACD setup
Bollinger Bands Position: NEUTRAL
- Price ($80.83) positioned between middle band ($67.79) and upper band ($84.23)
- Ratio: 50.8% of band width above middle = neutral positioning
- Band width 48.52 is elevated, reflecting high volatility environment
- Implication: Not yet in extreme overbought squeeze; no immediate mean-reversion pressure
Momentum Summary: Mixed signals with overbought short-term technicals conflicting with positive MACD and RSI. Suggests consolidation or mild pullback likely before continuation.
Volume Analysis
Volume Metrics:
- 20-day Average Volume: 8,623,307 shares
- Volume Rate of Change: +9.13% — Volume ABOVE 20-day average (positive)
- On-Balance Volume: 299,467,684 — Cumulative positive; net buying over period
Institutional Interest Signals:
| Metric | Value | Interpretation | |--------|-------|-----------------| | Volume vs 20-SMA | +9.13% | POSITIVE — Above-average participation | | OBV Trend | 299.5M (cumulative positive) | POSITIVE — Accumulation pattern | | Call Volume | 258 | Bullish positioning | | Put Volume | 293 | Defensive hedging | | Volume Ratio (P/C) | 1.14 | Slight put bias; defensive |
Analysis:
- Above-average volume on upside move suggests institutional accumulation
- Put/call volume ratio 1.14 indicates retail/defensive positioning alongside bullish call activity
- OBV positive cumulative trend supports price advance as volume-confirmed
Data Quality Note: Volume metrics consistent and credible; no red flags on participation levels.
News & Sentiment Analysis
Recent Headlines Summary (6 articles, last 69 days)
Positive Catalysts (5 of 6 articles):
-
"Bull of the Day" (Sept 18, 2026) — Most recent; analyst designation aligns with current price strength
- Timing Note: 2-day alignment with provided current price suggests this article may have been published on recent rally confirmation
-
"Geographic Reach Expands" (Sept 16, 2026) — Revenue growth initiative
- Catalyst Type: Operational/strategic; suggests new market penetration
Generated
News
All AXTI news →
Earnings History
18 of 19 under expected move
Avg Expected Move
24.10%
Avg Actual Move
6.82%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-18 | Pre-Market | 6.78% | 3.59% | 0.53x | Within |
| 2021-04-28 | Pre-Market | 17.39% | 0.70% | 0.04x | Within |
| 2021-10-27 | Pre-Market | 6.43% | 0.35% | 0.05x | Within |
| 2022-02-16 | Pre-Market | 11.75% | 1.28% | 0.11x | Within |
| 2022-04-28 | Pre-Market | 7.81% | 3.30% | 0.42x | Within |
| 2022-10-03 | Pre-Market | 14.63% | 4.63% | 0.32x | Within |
| 2023-02-16 | Pre-Market | 21.63% | 5.45% | 0.25x | Within |
| 2023-11-02 | Pre-Market | 31.09% | 6.22% | 0.20x | Within |
| 2024-02-22 | Pre-Market | 19.55% | 3.64% | 0.19x | Within |
| 2024-04-08 | Pre-Market | 22.83% | 14.79% | 0.65x | Within |
| 2024-08-01 | Pre-Market | 48.08% | 9.62% | 0.20x | Within |
| 2024-10-31 | After-Close | 19.42% | 18.06% | 0.93x | Within |
| 2025-02-20 | Pre-Market | 20.70% | 0.22% | 0.01x | Within |
| 2025-05-01 | After-Close | 92.59% | 2.96% | 0.03x | Within |
| 2025-07-31 | Pre-Market | 34.20% | 1.89% | 0.06x | Within |
| 2025-10-30 | Pre-Market | 25.46% | 3.54% | 0.14x | Within |
| 2026-01-09 | Pre-Market | 18.39% | 10.99% | 0.60x | Within |
| 2026-04-30 | Pre-Market | 20.05% | 11.47% | 0.57x | Within |
| 2026-07-30 | Pre-Market | 19.07% | 26.97% | 1.41x | Exceeded |
Earnings calendar: this week’s reports with expected vs actual moves →
AXTI Options Activity & IV Rank
AXTI IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 118.0%
7-DTE IV: 140.0%
Expected Move: $15.60
7-DTE Move: $5.53
Days to Exp: 32 (2026-11-20)
Options Flow
Call Volume: 2,645
Put Volume: 1,762
P/C Volume: 0.666
BULLISH
Call OI: 25,463
Put OI: 17,325
P/C OI: 0.68
Total OI: 42,788
ATM Options Pricing
ATM Call: $7.60
ATM Put: $8.00
Call %: 13.4%
Put %: 14.1%
Chain Summary
Chain Volume: 37,560
Chain OI: 241,442
Last Updated: 10/19/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
LOW γ vs HISTORY
Estimated net dealer gamma is at the 13th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
13%
vs own history
GEX tilt
-0.07
OI-weighted, today
Vanna tilt
+0.20
δ-sensitivity to IV
Charm tilt
-0.17
δ-decay vs time
? What is this?
· 134 ATM contracts, 54k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
52%
+3.4
pts
EXTREME
as of Oct 19 · ATM 151.8% / Wing 155.2%
30 DTE / 10d
45%
+2.6
pts
EXTREME
as of Oct 19 · ATM 117.1% / Wing 119.7%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)35.2MediumOct 19
IV Rank (30 DTE)21.8LowOct 19
Straddle Price (30 DTE)$15.60Oct 19
Beta Analysis
Risk Metrics
Beta: 4.1990
Alpha: 305.21%
Correlation: 0.3496
R-Squared: 12.2%
Stock Volatility: 152.9%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own AXTI
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $106.8M | #383 of 6285 | +160.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $61.6M | #517 of 3716 | +15.6% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $6.1M | #1342 of 3138 | new | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
AXTI Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 46,201,000 (as of 2026-03-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
26 filers$641.46M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $161.20M | 25.13% | 2026-06-30 |
| 2 | IMC-Chicago, LLC Custodian | $117.94M | 18.39% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $106.26M | 16.57% | 2026-06-30 |
| 4 | Point72 Asset Management, L.P. | $62.54M | 9.75% | 2026-06-30 |
| 5 | Jane Street Group, LLC Custodian | $61.63M | 9.61% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $25.18M | 3.93% | 2026-06-30 |
| 7 | Simplex Trading, LLC Custodian | $20.23M | 3.15% | 2026-06-30 |
| 8 | Aristides Capital LLC | $16.41M | 2.56% | 2026-06-30 |
| 9 | Walleye Trading LLC | $16.20M | 2.52% | 2026-06-30 |
| 10 | D. E. Shaw & Co., Inc. Custodian | $16.17M | 2.52% | 2026-06-30 |
| 11 | Arosa Capital Management LP | $7.21M | 1.12% | 2026-06-30 |
| 12 | Caption Management, LLC | $6.49M | 1.01% | 2026-06-30 |
| 13 | PEAK6 LLC | $6.48M | 1.01% | 2026-06-30 |
| 14 | Wells Fargo & Company Custodian | $4.69M | 0.73% | 2026-06-30 |
| 15 | Allianz Asset Management GmbH | $4.49M | 0.70% | 2026-06-30 |
| 16 | Lido Advisors, LLC | $2.52M | 0.39% | 2026-06-30 |
| 17 | TUDOR INVESTMENT CORP ET AL | $1.95M | 0.30% | 2026-06-30 |
| 18 | DV Trading LLC | $1.36M | 0.21% | 2026-06-30 |
| 19 | Walleye Capital LLC | $749.63K | 0.12% | 2026-06-30 |
| 20 | ARDSLEY ADVISORY PARTNERS LP | $576.64K | 0.09% | 2026-06-30 |
| 21 | Belvedere Trading LLC | $367.61K | 0.06% | 2026-06-30 |
| 22 | Verition Fund Management LLC | $273.90K | 0.04% | 2026-06-30 |
| 23 | STG SECURITIES, LLC | $252.28K | 0.04% | 2026-06-30 |
| 24 | Concurrent Investment Advisors, LLC | $154.82K | 0.02% | 2026-09-30 |
| 25 | Cetera Investment Advisers Custodian | $81.20K | 0.01% | 2026-06-30 |
22 filers$673.32M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $182.68M | 27.13% | 2026-06-30 |
| 2 | Marex Group Ltd | $144.16M | 21.41% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $81.75M | 12.14% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $63.33M | 9.41% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $58.17M | 8.64% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $25.96M | 3.86% | 2026-06-30 |
| 7 | Walleye Trading LLC | $25.10M | 3.73% | 2026-06-30 |
| 8 | SG Americas Securities, LLC | $18.83M | 2.80% | 2026-06-30 |
| 9 | Simplex Trading, LLC Custodian | $18.75M | 2.78% | 2026-06-30 |
| 10 | D. E. Shaw & Co., Inc. Custodian | $15.84M | 2.35% | 2026-06-30 |
| 11 | Point72 Asset Management, L.P. | $11.17M | 1.66% | 2026-06-30 |
| 12 | Allianz Asset Management GmbH | $8.82M | 1.31% | 2026-06-30 |
| 13 | Lido Advisors, LLC | $5.05M | 0.75% | 2026-06-30 |
| 14 | TUDOR INVESTMENT CORP ET AL | $4.30M | 0.64% | 2026-06-30 |
| 15 | Jain Global LLC | $3.24M | 0.48% | 2026-06-30 |
| 16 | PEAK6 LLC | $2.20M | 0.33% | 2026-06-30 |
| 17 | Aristides Capital LLC | $937.04K | 0.14% | 2026-06-30 |
| 18 | Walleye Capital LLC | $893.79K | 0.13% | 2026-06-30 |
| 19 | Twin Tree Management, LP | $756.84K | 0.11% | 2026-06-30 |
| 20 | Balyasny Asset Management L.P. | $749.63K | 0.11% | 2026-06-30 |
| 21 | CREDIT INDUSTRIEL ET COMMERCIAL | $360.40K | 0.05% | 2026-06-30 |
| 22 | Park Edge Advisors, LLC | $288.32K | 0.04% | 2026-06-30 |
AXTI Insider Trading (Form 4)
Latest: 2026-08-19Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-08-19 | Leonard J Leblanc | Director | Sell (S) | −4,000 | $96.07 | -$384.3K | EDGAR |
| 2026-08-19 | Leonard J Leblanc | Director | Sell (S) | −2,500 | $88.57 | -$221.4K | EDGAR |
| 2026-06-17 | Jesse Chen | Director | Sell (S) | −6,172 | $115.24 | -$711.3K | EDGAR |
| 2026-06-17 | David C Chang | Director | Sell (S) | −8,333 | $111.17 | -$926.4K | EDGAR |
| 2026-06-16 | Morris S Young | CEO | Gift (G) | −1,200 | — | EDGAR | |
| 2026-06-15 | Jesse Chen | Director | Sell (S) | −22,000 | $92.82 | -$2.04M | EDGAR |
| 2026-06-10 | Jesse Chen | Director | Sell (S) | −16,500 | $89.97 | -$1.48M | EDGAR |
| 2026-06-05 | Leonard J Leblanc | Director | Award (A) | +754 | — | EDGAR | |
| 2026-06-05 | David C Chang | Director | Award (A) | +754 | — | EDGAR | |
| 2026-06-05 | Jesse Chen | Director | Mixed | −9,379 | $109.50 | -$1.11M | EDGAR |
| 2026-06-03 | Jesse Chen | Director | Sell (S) | −5,200 | $111.36 | -$579.1K | EDGAR |
| 2026-06-03 | Morris S Young | CEO | Mixed | −111,795 | $80.36 | -$21.87M | EDGAR |
| 2026-05-05 | Morris S Young | CEO | Gift (G) | −14,000 | — | EDGAR | |
| 2026-03-16 | Morris S Young | CEO | Sell (S) | −37,905 | $51.13 | -$1.94M | EDGAR |
| 2026-03-16 | Jesse Chen | Director | Sell (S) | −14,086 | $49.70 | -$700.0K | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
AXTI Insider Holdings
6 insiders · @ $56.79
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Morris S Young | CEO | 4,421,467 | $251.10M | -$48.88M | 107 | 2026-06-16 |
| 2 | David C Chang | Director | 197,909 | $11.24M | -$5.81M | 35 | 2026-06-17 |
| 3 | Gary L Fischer | CFO | 191,278 | $10.86M | -$25.32M | 36 | 2026-03-16 |
| 4 | Russell Christine | Director | 133,370 | $7.57M | -$70.5K | 8 | 2025-05-16 |
| 5 | Leonard J Leblanc | Director | 117,129 | $6.65M | -$851.4K | 37 | 2026-08-19 |
| 6 | Jesse Chen | Director | 50,275 | $2.86M | -$11.13M | 43 | 2026-06-17 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
AXTI Proposed Insider Sales (Form 144)
Latest: 2026-08-17
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
2 filings
· $547K notice value
· 1 unique filer
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
LEBLANC LEONARD J (2, $547K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-08-17 | LEBLANC LEONARD J | Director | 4,000 | $371.7K | 2026-08-17 | Purshe Kaplan Sterling | — | EDGAR |
| 2026-08-07 | LEBLANC LEONARD J | Director | 2,000 | $175.0K | 2026-08-07 | Purshe Kaplan Sterling | — | EDGAR |
| 2026-06-08 | CHANG DAVID C | Director | 8,333 | $797.1K | 2026-06-08 | Charles Schwab Corp | — | EDGAR |
| 2026-06-05 | LEBLANC LEONARD J | Director | 500 | $55.4K | 2026-06-05 | Purshe Kaplan Sterling | — | EDGAR |
| 2026-06-02 | YOUNG MORRIS S | Officer | 111,795 | $12.66M | 2026-06-02 | Needham and Company LLC | — | EDGAR |
| 2026-06-01 | CHEN JESSE | Director | 109,526 | $11.59M | 2026-06-01 | Charles Schwab Corp | — | EDGAR |
| 2026-06-01 | YOUNG MORRIS S | Officer | 85,703 | $9.66M | 2026-06-01 | Needham and Company LLC | — | EDGAR |
| 2026-03-13 | YOUNG MORRIS S | Officer | 37,905 | $1.94M | 2026-03-13 | Needham and Company LLC | — | EDGAR |
| 2026-03-10 | YOUNG MORRIS S | Officer | 30,832 | $1.41M | 2026-03-10 | Needham and Company LLC | — | EDGAR |
| 2026-03-09 | YOUNG MORRIS S | Officer | 125,893 | $4.60M | 2026-03-09 | Needham and Company LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
76 ETFs hold AXTI
25 shown · $859.92M total exposure · 0.12% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.19% | $196.9M | $101.7B | 2026-10-16 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.01% | $153.5M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.11% | $84.5M | $74.8B | 2026-10-16 |
| 4 | PSI Invesco Semiconductors ETF | Invesco | 2.27% | $58.1M | — | 2026-10-18 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.06% | $56.0M | — | 2026-09-30 |
| 6 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $54.3M | — | 2026-09-30 |
| 7 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.07% | $30.2M | — | 2026-09-30 |
| 8 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.19% | $30.1M | $15.5B | 2026-10-16 |
| 9 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.23% | $30.1M | $13.3B | 2026-10-16 |
| 10 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.16% | $28.7M | — | 2026-09-30 |
| 11 | PTF Invesco Dorsey Wright Technology Momentum ETF | Nport | 4.71% | $27.4M | — | 2026-07-31 |
| 12 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.29% | $17.6M | — | 2026-09-30 |
| 13 | IJT iShares S&P Small-Cap 600 Growth ETF | iShares (BlackRock) | 0.22% | $16.5M | $7.5B | 2026-10-16 |
| 14 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.17% | $12.5M | $7.5B | 2026-10-16 |
| 15 | SLYG State Street® SPDR® S&P 600™ Small Cap Growth ETF | SPDR (State Street) | 0.22% | $10.4M | $4.7B | 2026-10-16 |
| 16 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.17% | $7.9M | $4.7B | 2026-10-16 |
| 17 | PSCT Invesco S&P SmallCap Information Technology ETF | Invesco | 1.58% | $7.8M | — | 2026-10-18 |
| 18 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.02% | $6.3M | — | 2026-10-16 |
| 19 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.32% | $5.4M | — | 2026-09-30 |
| 20 | FTXL First Trust Nasdaq Semiconductor ETF | First Trust | 0.44% | $5.1M | $1.2B | 2026-10-16 |
| 21 | VIOV Vanguard S&P Small-Cap 600 Value ETF | Vanguard | 0.25% | $4.7M | — | 2026-09-30 |
| 22 | EUV Corgi Lithography & Semiconductor Photonics ETF | Corgi | 1.52% | $4.5M | $297.7M | 2026-10-19 |
| 23 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $4.4M | $96.3B | 2026-10-16 |
| 24 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.05% | $3.8M | — | 2026-10-16 |
| 25 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.11% | $3.3M | $3.1B | 2026-10-16 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-0.31
TTM Revenue
$95.89M
TTM Net Income
$-14.08M
TTM Op. Cash Flow
$-21.12M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $26.92M | $-1.62M | $-0.03 | $-11.68M |
| Q4 '25 | 2025-12-31 | $23.04M | $-3.55M | $-0.08 | $4.29M |
| Q3 '25 | 2025-09-30 | $27.95M | $-1.91M | $-0.04 | $-9.15M |
| Q2 '25 | 2025-06-30 | $17.97M | $-7.01M | $-0.16 | $-4.58M |
| Q1 '25 | 2025-03-31 | $19.36M | $-8.80M | $-0.20 | $-3.35M |
| Q4 '24 | 2024-12-31 | $25.11M | $-5.09M | $-0.12 | $1.27M |
| Q3 '24 | 2024-09-30 | $23.64M | $-2.94M | $-0.07 | $-5.42M |
| Q2 '24 | 2024-06-30 | $27.92M | $-1.52M | $-0.04 | $843.00K |
| Q1 '24 | 2024-03-31 | $22.69M | $-2.08M | $-0.05 | $-8.81M |
| Q4 '23 | 2023-12-31 | $20.43M | $-3.62M | $-0.08 | $1.43M |
| Q3 '23 | 2023-09-30 | $17.37M | $-5.82M | $-0.14 | $-792.00K |
| Q2 '23 | 2023-06-30 | $18.59M | $-5.09M | $-0.12 | $4.30M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-14
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
8.79
P/S
27.36
EV/EBITDA
—
EV/Sales
26.93
ROE
-4.7%
ROA
-3.2%
Div Yield
0.00%
FCF Yield
-0.80%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$2.62B
as of 2026-10-19
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
10.79M
SI % of Float
17.56%
Days to Cover
1.21
Short Vol Ratio
60.3%
Free Float
61.46M
Float %
93.7%
Short interest 2026-09-30 • Short volume 2026-10-19 • Float 2026-09-22