Nanophase Technologies Co. (OTCMKTS:NANX) Sees Large Decline in Short Interest

Nanophase Technologies Co. (OTCMKTS:NANX) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 400 shares, a decline of 60.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 45,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Nanophase Technologies Price Performance

OTCMKTS NANX traded down $0.25 during trading hours on Friday, hitting $2.09. 308,008 shares of the company’s stock traded hands, compared to its average volume of 38,470. The company has a market capitalization of $145.97 million, a PE ratio of 104.30 and a beta of 1.36. Nanophase Technologies has a 52-week low of $0.67 and a 52-week high of $3.15. The firm’s 50-day moving average is $2.72 and its 200-day moving average is $2.32.

Nanophase Technologies (OTCMKTS:NANX) last announced its quarterly earnings data on Wednesday, March 26th. The industrial products company reported ($0.01) EPS for the quarter. The company had revenue of $12.57 million for the quarter. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%.

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.