Astrotech Co. (NASDAQ:ASTC) Short Interest Update

Astrotech Co. (NASDAQ:ASTC) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 2,200 shares, a decline of 18.5% from the January 15th total of 2,700 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 19,900 shares, the short-interest ratio is currently 0.1 days.

Astrotech Stock Performance

ASTC stock traded up $0.16 during trading on Friday, hitting $6.65. The company had a trading volume of 5,832 shares, compared to its average volume of 6,134. The firm has a 50-day moving average price of $6.84 and a 200-day moving average price of $7.78. Astrotech has a 12 month low of $6.12 and a 12 month high of $12.29.

Astrotech (NASDAQ:ASTC) last posted its quarterly earnings data on Friday, February 14th. The aerospace company reported ($2.45) earnings per share for the quarter. Astrotech had a negative return on equity of 33.26% and a negative net margin of 945.17%. The company had revenue of $260 billion during the quarter.

Institutional Trading of Astrotech

A hedge fund recently raised its stake in Astrotech stock. Dimensional Fund Advisors LP boosted its holdings in shares of Astrotech Co. (NASDAQ:ASTC) by 15.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,930 shares of the aerospace company’s stock after acquiring an additional 1,579 shares during the period. Dimensional Fund Advisors LP owned 0.70% of Astrotech worth $80,000 as of its most recent filing with the SEC. 24.35% of the stock is owned by institutional investors and hedge funds.

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.