Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,600 shares, a decrease of 75.5% from the December 31st total of 10,600 shares. Based on an average trading volume of 22,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are sold short.

Astrotech Stock Performance

Shares of NASDAQ:ASTC traded down $0.30 on Thursday, reaching $6.72. The company’s stock had a trading volume of 6,941 shares, compared to its average volume of 6,034. The company has a 50-day simple moving average of $6.99 and a 200 day simple moving average of $7.92. The company has a market cap of $11.42 million, a P/E ratio of -0.92 and a beta of -0.17. Astrotech has a 52-week low of $6.32 and a 52-week high of $12.29.

Astrotech (NASDAQ:ASTC) last posted its quarterly earnings data on Tuesday, November 12th. The aerospace company reported ($2.01) earnings per share (EPS) for the quarter. The company had revenue of $0.03 million during the quarter. Astrotech had a negative net margin of 945.17% and a negative return on equity of 33.26%.

About Astrotech

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.