Astrotech Co. (NASDAQ:ASTC) Short Interest Down 35.4% in November

Astrotech Co. (NASDAQ:ASTC) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,100 shares, a decline of 35.4% from the November 15th total of 4,800 shares. Based on an average daily volume of 19,000 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Astrotech Trading Up 0.9 %

Shares of Astrotech stock traded up $0.06 during trading hours on Friday, hitting $6.85. 5,120 shares of the company were exchanged, compared to its average volume of 13,711. The business has a 50-day moving average of $7.44 and a 200-day moving average of $8.44. Astrotech has a 1 year low of $6.56 and a 1 year high of $12.29. The stock has a market capitalization of $11.65 million, a price-to-earnings ratio of -0.93 and a beta of -0.20.

Astrotech (NASDAQ:ASTC) last released its earnings results on Thursday, September 19th. The aerospace company reported ($1.78) EPS for the quarter. Astrotech had a negative return on equity of 33.26% and a negative net margin of 945.17%. The firm had revenue of $0.07 million during the quarter.

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.