The stock of Astrotech Corporation (NASDAQ:ASTC) registered a decrease of 5.09% in short interest. ASTC’s total short interest was 145,300 shares in March as published by FINRA. Its down 5.09% from 153,100 shares, reported previously. With 49,400 shares average volume, it will take short sellers 3 days to cover their ASTC’s short positions. The short interest to Astrotech Corporation’s float is 0.97%. The stock is down 7.11% or $0.16 after the news, hitting $2.09 per share. About 64,681 shares traded hands. Astrotech Corp (NASDAQ:ASTC) has declined 10.00% since August 6, 2015 and is downtrending. It has underperformed by 7.05% the S&P500.
Astrotech Corporation is a technology firm designed to commercialize space-industry technologies. The company has a market cap of $41.96 million. The Firm operates a business unit, Spacetech, and is focused on working with clients and development partners to satisfy application specific chemical detection objectives using its mass spectrometry technology; extending its intellectual property portfolio by enhancing and refining its mass spectrometry technology; enabling film restoration, enhancement and digitization using an automated process that revives the original color and removes dust, scratches and defects from film to restore it to its original condition; Facilitating the shift from 2K resolution to ultra-high definition high dynamic range (HDR) 4K resolution, and developing vaccines using the environment of microgravity. It currently has negative earnings.
The institutional sentiment is 0.78 in Q3 2015. Its the same as in 2015Q2. The ratio is without change, as 6 funds sold all Astrotech Corp shares owned while 3 reduced positions. only 3 funds bought stakes while 4 increased positions. They now own 7.12 million shares or 192.16% more from 2.44 million shares in 2015Q2.
Beck Capital Management Llc holds 2.47% of its portfolio in Astrotech Corp for 1.77 million shares. Messner & Smith Theme Value Investment Management Ltd Ca owns 14,500 shares or 0.06% of their US portfolio. Moreover, Kazazian Asset Management Llc has 0.06% invested in the company for 24,692 shares. The Texas-based Prospera Financial Services has invested 0.04% in the stock. Boothbay Fund Management Llc, a New York-based fund reported 17,144 shares.
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