Short Interest in Astrotech Corp (NASDAQ:ASTC) Decreases By 16.2%
Astrotech Corp (NASDAQ:ASTC) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 162,400 shares, a decline of 16.2% from the January 15th total of 193,700 shares. Approximately 4.5% of the shares of the company are sold short. Based on an average trading volume of 574,000 shares, the short-interest ratio is presently 0.3 days.
Shares of ASTC traded down $0.04 during trading hours on Friday, hitting $2.10. The stock had a trading volume of 21,380 shares, compared to its average volume of 43,945. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.15 and a quick ratio of 1.02. Astrotech has a 12 month low of $1.16 and a 12 month high of $5.40. The firm has a market capitalization of $11.48 million, a PE ratio of -1.49 and a beta of -0.16. The stock has a fifty day moving average price of $1.96 and a 200 day moving average price of $1.95.
Astrotech (NASDAQ:ASTC) last issued its quarterly earnings data on Thursday, February 13th. The aerospace company reported ($0.35) EPS for the quarter. The company had revenue of $0.21 million during the quarter.
Astrotech Corporation operates as a science and technology development and commercialization company in the United States. It operates through two segments, Astro Scientific and Astral Images Corporation. The Astro Scientific segment manufactures chemical detection and analysis instrumentation that detects and identifies trace amounts of explosives and narcotics.
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