Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 9,400 shares, a growth of 40.3% from the September 15th total of 6,700 shares. Based on an average daily trading volume, of 26,700 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the shares of the company are short sold.

Astrotech Price Performance

Shares of ASTC traded up $0.07 on Monday, reaching $8.27. The company’s stock had a trading volume of 15,652 shares, compared to its average volume of 11,748. The stock’s 50 day simple moving average is $9.00 and its two-hundred day simple moving average is $9.06. The stock has a market capitalization of $14.06 million, a P/E ratio of -1.15 and a beta of -0.16. Astrotech has a 12-month low of $7.00 and a 12-month high of $12.29.

Astrotech (NASDAQ:ASTC) last issued its quarterly earnings data on Thursday, September 19th. The aerospace company reported ($1.78) earnings per share (EPS) for the quarter. Astrotech had a negative net margin of 701.08% and a negative return on equity of 30.15%. The business had revenue of $0.07 million for the quarter.

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.