Sintx Technologies, Inc. (NASDAQ:SINT) Short Interest Up 502.0% in February

Sintx Technologies, Inc. (NASDAQ:SINT) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 120,400 shares, an increase of 502.0% from the February 13th total of 20,000 shares. Currently, 9.0% of the shares of the company are short sold. Based on an average trading volume of 1,310,000 shares, the short-interest ratio is presently 0.1 days.

Sintx Technologies Price Performance

Shares of NASDAQ:SINT traded down $0.05 during midday trading on Wednesday, hitting $3.22. The company had a trading volume of 80,606 shares, compared to its average volume of 989,786. Sintx Technologies has a 12-month low of $2.01 and a 12-month high of $45.60. The company has a fifty day moving average of $3.47 and a two-hundred day moving average of $3.43. The company has a market cap of $4.32 million, a price-to-earnings ratio of -0.06 and a beta of 1.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sintx Technologies stock. Renaissance Technologies LLC bought a new position in shares of Sintx Technologies, Inc. (NASDAQ:SINT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 21,900 shares of the company’s stock, valued at approximately $77,000. Renaissance Technologies LLC owned 1.63% of Sintx Technologies at the end of the most recent quarter. Institutional investors own 18.38% of the company’s stock.

About Sintx Technologies

Sintx Technologies, Inc, an advanced ceramics company, engages in the research, development, and commercialization of medical devices manufactured with silicon nitride for biomedical, technical, and antipathogenic applications in the United States. It provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products, as well as silicon nitride composite materials, polyetheretherketone, and polyetherketoneketone.