Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,600 shares, a decrease of 75.5% from the December 15th total of 10,600 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 22,400 shares, the short-interest ratio is presently 0.1 days.

Astrotech Price Performance

Shares of ASTC stock traded down $0.14 during trading hours on Monday, reaching $6.58. 5,075 shares of the company were exchanged, compared to its average volume of 5,050. The stock’s fifty day moving average is $7.07 and its two-hundred day moving average is $8.11. The company has a market cap of $11.19 million, a price-to-earnings ratio of -0.90 and a beta of -0.17. Astrotech has a fifty-two week low of $6.50 and a fifty-two week high of $12.29.

About Astrotech

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.