Shares are trading at $1.09 which is quite a bit above $0.75, the 50 day moving average and just above the 200 day moving average of $1.03. The 50 day moving average went up $0.34 or +44.73% and the 200 day average moved up $0.06. Astrotech Corporation shares had a trading volume of 404K by the end of trading on Thursday. Trading volume was up 709.29% over the stocks average daily volume.
Short traders are feeling a little more bearish on Astrotech Corporation lately if you evaluate the increase in short interest. The firm had a rise in short interest from August 15, 2017 to August 31, 2017 of 74.41%. Short interest increased 17,530 over that period. The short-interest ratio increased to 1.0 and the percentage of shorted shares was 0.00% on August 31.
Additionally, here are a few investment firms who have increased or decreased their stake in (ASTC). Kcg Holdings, Inc. augmented its stake by buying 5,185 shares an increase of 49.3% from 03/31/2017 to 06/30/2017. Kcg Holdings, Inc. owns 15,698 shares worth $14,000. The total value of its holdings decreased 0.0%. Boothbay Fund Management, LLC bolstered its investment by buying 67,048 shares an increase of 83.7% in the quarter. Boothbay Fund Management, LLC now controls 147,151 shares with a value of $134,000. The value of the position overall is up by 27.6%.
As of the end of the quarter Ubs Group Ag had bought 2,389 shares growing its stake by 368.1%. The value in dollars went from $1,000 to $3,000 a change of $2,000 for the reporting period. As of quarter end Beck Capital Management, LLC had disposed of a total of 166,940 shares trimming its position 8.4%. The value of the investment in (ASTC) decreased from $2,598,000 to $1,726,000 decreasing 33.6% quarter to quarter.
Astrotech Corporation, launched on August 22, 1984, is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The Company operates through two business units: Astro Scientific and Astral Images Corporation (Astral). The Astro Scientific is a technology incubator that commercializes technologies, and includes the operations of subsidiaries, such as 1st Detect Corporation (1st Detect) and Astrogenetix, Inc. (Astrogenetix). Astral enables film restoration, enhancement and digitization using an automated process that algorithmically removes dust, scratches and defects to restore it to its original condition. The Business’s product portfolio consists of MMS-1000 and OEM-1000..