Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 9,400 shares, a growth of 40.3% from the September 15th total of 6,700 shares. Based on an average daily volume of 26,700 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are short sold.

Astrotech Price Performance

Shares of ASTC stock traded up $0.07 during mid-day trading on Monday, hitting $8.27. The company had a trading volume of 15,652 shares, compared to its average volume of 11,748. The company has a market capitalization of $14.06 million, a P/E ratio of -1.15 and a beta of -0.16. The stock’s 50 day moving average price is $9.00 and its 200-day moving average price is $9.06. Astrotech has a 52-week low of $7.00 and a 52-week high of $12.29.

Astrotech (NASDAQ:ASTC) last released its quarterly earnings data on Thursday, September 19th. The aerospace company reported ($1.78) EPS for the quarter. Astrotech had a negative net margin of 701.08% and a negative return on equity of 30.15%. The company had revenue of $0.07 million for the quarter.

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.