Astrotech Co. (NASDAQ:ASTC) Sees Large Decrease in Short Interest

Astrotech Co. (NASDAQ:ASTC) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 4,800 shares, a decline of 5.9% from the October 31st total of 5,100 shares. Based on an average daily trading volume, of 19,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

Astrotech Stock Down 1.1 %

Shares of NASDAQ ASTC opened at $7.02 on Tuesday. Astrotech has a one year low of $6.56 and a one year high of $12.29. The business’s fifty day moving average price is $7.64 and its 200-day moving average price is $8.58.

Astrotech (NASDAQ:ASTC) last released its quarterly earnings data on Thursday, September 19th. The aerospace company reported ($1.78) EPS for the quarter. The business had revenue of $0.07 million for the quarter. Astrotech had a negative net margin of 945.17% and a negative return on equity of 33.26%.

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.