Astrotech Co. (NASDAQ:ASTC) Short Interest Up 241.9% in December

Astrotech Co. (NASDAQ:ASTC) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 10,600 shares, an increase of 241.9% from the November 30th total of 3,100 shares. Based on an average daily trading volume, of 22,600 shares, the short-interest ratio is currently 0.5 days. Currently, 0.7% of the company’s stock are short sold.

Astrotech Stock Down 0.9 %

Shares of ASTC stock traded down $0.06 on Thursday, hitting $6.79. The stock had a trading volume of 14,335 shares, compared to its average volume of 14,846. Astrotech has a one year low of $6.56 and a one year high of $12.29. The business has a 50 day moving average price of $7.29 and a 200 day moving average price of $8.32. The company has a market cap of $11.56 million, a PE ratio of -0.93 and a beta of -0.20.

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.