Astrotech Corporation (NASDAQ:ASTC) Sees Unusual Trading Volume in Its Shares

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Trading was light with 3,965 shares changing hands on Tuesday. Shares saw a steep decrease in trading volume of 92.07% under the normal average daily volume.

Short traders are more bearish on shares of the company of late if you take a look at the motion in short interest. The firm had a rise in short interest from August 15, 2017 to August 31, 2017 of 74.41%. Short shares grew 17,530 over that period. Days to cover increased from 0.0 to 1.0 and the percentage of shorted shares is 0.00% as of August 31.

A few notable investment firms have updated their holdings. As of the end of the quarter Kcg Holdings, Inc. had bought a total of 5,185 shares growing its position 49.3%. The value of the investment in (ASTC) decreased from $14,000 to $14,000 a change of $0 for the reporting period. As of quarter end Boothbay Fund Management, LLC had acquired 67,048 shares growing its stake by 83.7%. The value in dollars went from $105,000 to $134,000 a change of 27.6% since the last quarter.


Ubs Group Ag bolstered its holdings by buying 2,389 shares an increase of 368.1% in the quarter. Ubs Group Ag owns 3,038 shares worth $3,000. The value of the position overall is up by 200.0%. Beck Capital Management, LLC reduced its ownership by shedding 166,940 shares a decrease of 8.4% as of 06/30/2017. Beck Capital Management, LLC claims 1,816,517 shares valued at $1,726,000. The total value of its holdings decreased 33.6%.

In the market the company is trading down by 0.86% percent from yesterday’s close. Shares of the company are trading at $0.98 which is quite a bit higher than $0.77, the stock’s 50 day moving average and which is slightly below the 200 day moving average of $1.00. The 50 day moving average moved up $0.21 and the 200 day average was down $-0.02.

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..


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