Short Interest in Nanophase Technologies Co. (OTCMKTS:NANX) Decreases By 33.3%

Nanophase Technologies Co. (OTCMKTS:NANX) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,200 shares, a drop of 33.3% from the January 15th total of 1,800 shares. Based on an average trading volume of 51,800 shares, the short-interest ratio is currently 0.0 days.

Nanophase Technologies Price Performance

Shares of Nanophase Technologies stock traded down $0.02 during midday trading on Friday, hitting $2.87. The company had a trading volume of 1,429 shares, compared to its average volume of 26,752. The business’s 50 day simple moving average is $2.65 and its two-hundred day simple moving average is $2.08. The stock has a market cap of $200.93 million, a PE ratio of 143.57 and a beta of 1.28. Nanophase Technologies has a 1-year low of $0.40 and a 1-year high of $3.15.

Nanophase Technologies Company Profile

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.