Sintx Technologies, Inc. (NASDAQ:SINT) Short Interest Update


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Sintx Technologies, Inc. (NASDAQ:SINT) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 914,800 shares, a decline of 24.4% from the March 31st total of 1,210,000 shares. Based on an average daily volume of 4,250,000 shares, the short-interest ratio is presently 0.2 days.

Shares of SINT stock traded up $0.09 on Tuesday, reaching $1.59. 991,555 shares of the stock were exchanged, compared to its average volume of 3,841,884. The company has a current ratio of 8.81, a quick ratio of 8.79 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average price is $1.75 and its 200 day moving average price is $1.90. The company has a market capitalization of $39.25 million, a price-to-earnings ratio of -0.68 and a beta of 1.53. Sintx Technologies has a twelve month low of $0.60 and a twelve month high of $3.44.

Sintx Technologies (NASDAQ:SINT) last issued its earnings results on Sunday, March 21st. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. Sintx Technologies had a negative net margin of 862.55% and a negative return on equity of 39.83%.

Several hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new position in Sintx Technologies in the fourth quarter valued at $51,000. Renaissance Technologies LLC boosted its stake in Sintx Technologies by 1,881.5% in the fourth quarter. Renaissance Technologies LLC now owns 249,673 shares of the company’s stock valued at $392,000 after acquiring an additional 237,073 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Sintx Technologies by 497.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 90,200 shares of the company’s stock valued at $142,000 after acquiring an additional 75,100 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Sintx Technologies in the third quarter valued at $61,000. Hedge funds and other institutional investors own 1.36% of the company’s stock.

Sintx Technologies Company Profile

Sintx Technologies, Inc, an advanced materials company, researches, develops, manufactures, and commercializes silicon nitride ceramics in the United States, Europe, and South America. It offers ceramic based solutions for various medical, industrial, and antipathogenic applications. The company provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products.

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