Astrotech Co. (NASDAQ:ASTC) Short Interest Down 75.5% in January

Astrotech Co. (NASDAQ:ASTC) saw a large decrease in short interest in 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. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 22,400 shares, the short-interest ratio is presently 0.1 days.

Astrotech Stock Performance

Shares of NASDAQ ASTC traded up $0.16 during midday trading on Tuesday, reaching $7.06. 2,166 shares of the stock were exchanged, compared to its average volume of 6,293. The stock has a market capitalization of $11.99 million, a P/E ratio of -0.96 and a beta of -0.17. The company has a 50 day simple moving average of $7.02 and a 200 day simple moving average of $7.95. Astrotech has a twelve month low of $6.32 and a twelve month high of $12.29.

Astrotech (NASDAQ:ASTC) last posted its earnings results on Tuesday, November 12th. The aerospace company reported ($2.01) earnings per share (EPS) for the quarter. The business 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.