Short Interest in Astrotech Co. (NASDAQ:ASTC) Grows By 241.9%

Astrotech Co. (NASDAQ:ASTC) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 10,600 shares, a growth of 241.9% from the November 30th total of 3,100 shares. Based on an average daily trading volume, of 22,600 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.7% of the shares of the company are short sold.

Astrotech Trading Down 0.3 %

NASDAQ:ASTC traded down $0.02 during mid-day trading on Friday, hitting $6.91. The company’s stock had a trading volume of 7,754 shares, compared to its average volume of 14,821. The stock has a fifty day moving average of $7.24 and a 200-day moving average of $8.30. The company has a market capitalization of $11.76 million, a price-to-earnings ratio of -0.94 and a beta of -0.20. Astrotech has a fifty-two week low of $6.56 and a fifty-two week high of $12.29.

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.