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

Nanophase Technologies Co. (OTCMKTS:NANX) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,600 shares, an increase of 50.0% from the November 15th total of 2,400 shares. Based on an average daily trading volume, of 117,700 shares, the short-interest ratio is currently 0.0 days.

Nanophase Technologies Price Performance

Shares of OTCMKTS NANX traded down $0.15 during trading on Friday, hitting $2.52. The stock had a trading volume of 16,190 shares, compared to its average volume of 21,191. The firm has a fifty day moving average of $2.10 and a two-hundred day moving average of $1.73. The company has a market capitalization of $138.25 million, a PE ratio of 126.00 and a beta of 1.21. Nanophase Technologies has a 12 month low of $0.40 and a 12 month high of $2.91.

Nanophase Technologies (OTCMKTS:NANX) last issued its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter. Nanophase Technologies had a net margin of 5.59% and a return on equity of 31.49%. The business had revenue of $16.87 million during the quarter.

Nanophase Technologies Company Profile

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.