Short Interest in Nanophase Technologies Co. (OTCMKTS:NANX) Expands By 625.0%

Nanophase Technologies Co. (OTCMKTS:NANX) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 2,900 shares, a growth of 625.0% from the March 15th total of 400 shares. Based on an average daily volume of 207,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Nanophase Technologies Stock Performance

The company has a market capitalization of $121.29 million, a price-to-earnings ratio of 86.67 and a beta of 1.22. The stock’s fifty day moving average is $2.56 and its two-hundred day moving average is $2.34. Nanophase Technologies has a 12-month low of $0.77 and a 12-month high of $3.15.

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

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.