Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 2,600 shares, a decline of 75.5% from the December 31st total of 10,600 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 22,400 shares, the days-to-cover ratio is presently 0.1 days.

Astrotech Stock Performance

NASDAQ:ASTC opened at $7.06 on Wednesday. The company has a market cap of $11.99 million, a PE ratio of -0.96 and a beta of -0.17. The stock has a 50-day simple moving average of $7.01 and a 200 day simple moving average of $7.94. Astrotech has a 52-week low of $6.32 and a 52-week high of $12.29.

Astrotech (NASDAQ:ASTC) last posted its quarterly earnings data 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 during the quarter. Astrotech had a negative net margin of 945.17% and a negative return on equity of 33.26%.

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.