Short Interest in Nanophase Technologies Co. (OTCMKTS:NANX) Decreases By 94.6%

Nanophase Technologies Co. (OTCMKTS:NANX) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a decline of 94.6% from the December 15th total of 3,700 shares. Based on an average daily trading volume, of 76,700 shares, the days-to-cover ratio is presently 0.0 days.

Nanophase Technologies Price Performance

NANX stock traded up $0.08 during trading on Tuesday, hitting $2.68. 32,424 shares of the stock traded hands, compared to its average volume of 37,840. The stock has a market cap of $187.58 million, a price-to-earnings ratio of 134.19 and a beta of 1.26. Nanophase Technologies has a 1 year low of $0.40 and a 1 year high of $2.91. The firm’s 50 day moving average is $2.46 and its two-hundred day moving average is $1.86.

Nanophase Technologies (OTCMKTS:NANX) last announced its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $0.04 earnings per share for the quarter. The company had revenue of $16.87 million during the quarter. Nanophase Technologies had a net margin of 5.59% and a return on equity of 31.49%.

Nanophase Technologies Company Profile

Nanophase Technologies Corporation, a science-driven company, develops, manufactures, and sells integrated family of nanomaterial technologies in the United States. It engages in engineered materials, formulation development, and commercial manufacturing. The company produces engineered nanomaterial products comprising antimony, bismuth, cerium, iron, and zinc oxide for use in a various markets, including surface finishing,exterior coatings, personal care, plastics, scratch resistant coatings, and textiles.