Nanophase Technologies Co. (OTCMKTS:NANX) Short Interest Down 94.6% in January

Nanophase Technologies Co. (OTCMKTS:NANX) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a drop of 94.6% from the December 31st total of 3,700 shares. Based on an average trading volume of 76,700 shares, the short-interest ratio is currently 0.0 days.

Nanophase Technologies Price Performance

Shares of NANX stock traded down $0.09 during trading hours on Thursday, hitting $2.86. The company had a trading volume of 9,770 shares, compared to its average volume of 31,425. Nanophase Technologies has a fifty-two week low of $0.40 and a fifty-two week high of $3.15. The company’s fifty day moving average is $2.61 and its 200 day moving average is $1.97. The stock has a market capitalization of $200.17 million, a PE ratio of 143.20 and a beta of 1.26.

Nanophase Technologies (OTCMKTS:NANX) last released its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $0.04 EPS for the quarter. The business had revenue of $16.87 million during the quarter. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%.

About Nanophase Technologies

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.