Zentek Ltd. (NASDAQ:ZTEK) Short Interest Update

Zentek Ltd. (NASDAQ:ZTEK) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 448,600 shares, a drop of 15.1% from the December 31st total of 528,400 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 49,300 shares, the days-to-cover ratio is presently 9.1 days.

Zentek Stock Up 4.5 %

ZTEK stock opened at $1.16 on Thursday. The stock has a market capitalization of $120.78 million, a PE ratio of -14.50 and a beta of 0.98. Zentek has a 52 week low of $0.50 and a 52 week high of $1.48. The company has a quick ratio of 1.63, a current ratio of 2.06 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average of $1.06 and a 200 day moving average of $0.93.

About Zentek

Zentek Ltd., together with its subsidiaries, engages in the research and development of graphene and related nanomaterials in Canada. The company develops graphene-based antimicrobial coating under the ZenGUARD brand, surgical masks, HVAC filters, personal protective equipment, rapid detection point of care diagnostics tests, and pharmaceutical products based on graphene-based compounds.