Short Interest in Sintx Technologies, Inc. (NASDAQ:SINT) Declines By 49.3%

Sintx Technologies, Inc. (NASDAQ:SINT) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 61,100 shares, a drop of 49.3% from the February 28th total of 120,400 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 1,290,000 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Sintx Technologies

A hedge fund recently bought a new stake in Sintx Technologies stock. Renaissance Technologies LLC purchased a new position in Sintx Technologies, Inc. (NASDAQ:SINT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 21,900 shares of the company’s stock, valued at approximately $77,000. Renaissance Technologies LLC owned about 1.63% of Sintx Technologies as of its most recent SEC filing. 18.38% of the stock is owned by institutional investors.

Sintx Technologies Trading Down 5.1 %

Sintx Technologies stock traded down $0.15 during mid-day trading on Friday, hitting $2.77. The stock had a trading volume of 69,711 shares, compared to its average volume of 994,635. The stock has a market capitalization of $6.97 million, a PE ratio of -0.05 and a beta of 1.20. Sintx Technologies has a 12 month low of $2.01 and a 12 month high of $45.60. The stock has a 50-day simple moving average of $3.35 and a two-hundred day simple moving average of $3.39.

About Sintx Technologies

Sintx Technologies, Inc, an advanced ceramics company, engages in the research, development, and commercialization of medical devices manufactured with silicon nitride for biomedical, technical, and antipathogenic applications in the United States. It provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products, as well as silicon nitride composite materials, polyetheretherketone, and polyetherketoneketone.