Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 2,600 shares, a decrease of 75.5% from the December 31st total of 10,600 shares. Based on an average daily trading volume, of 22,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Astrotech Trading Up 2.2 %

ASTC stock opened at $7.06 on Wednesday. Astrotech has a 1-year low of $6.32 and a 1-year high of $12.29. The business’s 50 day simple moving average is $7.01 and its 200 day simple moving average is $7.94. The firm has a market capitalization of $11.99 million, a PE ratio of -0.96 and a beta of -0.17.

Astrotech (NASDAQ:ASTC) last announced its earnings results on Tuesday, November 12th. The aerospace company reported ($2.01) EPS for the quarter. The company had revenue of $0.03 million for the quarter. Astrotech had a negative return on equity of 33.26% and a negative net margin of 945.17%.

Astrotech Company Profile

Astrotech Corporation operates as a mass spectrometry company worldwide. It owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology, a platform mass spectrometry technology. The company also develops TRACER 1000, a mass spectrometer-based explosive trace detector to replace the explosives trace detectors used at airports, cargo and other secured facilities, and borders.