Short Interest in Nanophase Technologies Co. (OTCMKTS:NANX) Declines By 94.6%

Nanophase Technologies Co. (OTCMKTS:NANXGet Free Report) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decline of 94.6% from the December 15th total of 3,700 shares. Based on an average daily trading volume, of 76,700 shares, the short-interest ratio is presently 0.0 days.

Nanophase Technologies Trading Up 6.5 %

Shares of NANX stock traded up $0.16 during trading hours on Monday, reaching $2.60. 85,543 shares of the company’s stock were exchanged, compared to its average volume of 38,792. The stock’s 50 day moving average is $2.46 and its 200-day moving average is $1.86. The company has a market cap of $181.81 million, a price-to-earnings ratio of 130.07 and a beta of 1.26. Nanophase Technologies has a fifty-two week low of $0.40 and a fifty-two week high of $2.91.

Nanophase Technologies (OTCMKTS:NANXGet Free Report) last released its earnings results on Wednesday, October 30th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%. The firm had revenue of $16.87 million for the quarter.

Nanophase Technologies Company Profile

(Get Free Report)

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.

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