Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) saw a large drop in short interest in May. As of May 15th, there was short interest totalling 1,100 shares, a drop of 15.4% from the April 30th total of 1,300 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 0.4 days.

Astrotech Price Performance

NASDAQ:ASTC opened at $5.80 on Thursday. Astrotech has a 52 week low of $5.74 and a 52 week high of $12.29. The company has a market cap of $9.83 million, a PE ratio of -0.71 and a beta of 0.25. The business’s 50 day moving average is $5.95 and its two-hundred day moving average is $6.51.

Astrotech (NASDAQ:ASTC) last released its quarterly earnings data on Tuesday, May 13th. The aerospace company reported ($2.18) EPS for the quarter. Astrotech had a negative return on equity of 40.44% and a negative net margin of 3,198.09%.

Institutional Investors Weigh In On Astrotech

A number of institutional investors have recently modified their holdings of the business. Citadel Advisors LLC raised its position in shares of Astrotech by 62.7% during the 4th quarter. Citadel Advisors LLC now owns 24,014 shares of the aerospace company’s stock worth $161,000 after purchasing an additional 9,256 shares during the period. Dimensional Fund Advisors LP increased its position in Astrotech by 15.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,930 shares of the aerospace company’s stock worth $80,000 after buying an additional 1,579 shares during the period. Finally, SCS Capital Management LLC acquired a new stake in Astrotech in the first quarter worth $76,000. Institutional investors own 24.35% of the company’s stock.

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.