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Nanophase Technologies Co. (OTCMKTS:NANX) Sees Large Decrease in Short Interest

Nanophase Technologies logo with Consumer Staples background

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

Nanophase Technologies Stock Down 0.4 %

Shares of OTCMKTS NANX traded down $0.01 during midday trading on Tuesday, hitting $2.95. The company had a trading volume of 7,420 shares, compared to its average volume of 34,378. Nanophase Technologies has a twelve month low of $0.40 and a twelve month high of $3.15. The business has a 50-day simple moving average of $2.60 and a two-hundred day simple moving average of $1.96. The firm has a market capitalization of $205.94 million, a price-to-earnings ratio of 147.32 and a beta of 1.26.

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

About Nanophase Technologies

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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