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

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

Astrotech Trading Down 0.3 %

Astrotech stock opened at $6.91 on Friday. The stock has a market capitalization of $11.76 million, a price-to-earnings ratio of -0.94 and a beta of -0.20. The stock has a 50 day moving average of $7.22 and a two-hundred day moving average of $8.28. Astrotech has a twelve month low of $6.56 and a twelve month 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.