Nanophase Technologies Co. (OTCMKTS:NANX) Sees Large Decrease in Short Interest

Nanophase Technologies Co. (OTCMKTS:NANX) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 700 shares, a decline of 56.3% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is currently 0.1 days.

Nanophase Technologies Stock Up 0.3 %

NANX stock traded up $0.01 on Friday, reaching $1.54. 8,034 shares of the company traded hands, compared to its average volume of 10,382. The company has a market cap of $84.23 million, a P/E ratio of -30.80 and a beta of 1.11. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.76 and a quick ratio of 0.75. Nanophase Technologies has a one year low of $0.40 and a one year high of $1.76. The firm has a fifty day simple moving average of $1.57 and a 200-day simple moving average of $1.47.

Nanophase Technologies (OTCMKTS:NANX) last posted its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.01 earnings per share for the quarter. The firm had revenue of $13.05 million during the quarter. Nanophase Technologies had a negative return on equity of 31.86% and a negative net margin of 4.65%.

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.