It is trading at $0.98 significantly higher than the 50 day moving average which is $0.77 and a bit lower than the 200 day moving average of $1.00. The 50 day moving average was up by +26.85% and the 200 day average went down by -1.77%. Trading volume for Astrotech Corporation was 3,965 on Tuesday. Overall, volume was down 92.07% under the stocks normal daily volume.
Investors are more bearish on the company if you put credence in the motion in short interest. The stock saw a rise in short interest of 74.41% as of the latest report on August 31, 2017. Short shares increased from 23,560 to 41,090 over that timeframe. With short interest at 41,090 and short average daily volume at 29,796, the short-interest ratio is 1.0 and the short interest percentage is 0.00% as of August 31.
These funds have shifted positions in (ASTC). Kcg Holdings, Inc. grew its holdings by buying 5,185 shares an increase of 49.3% in the quarter. Kcg Holdings, Inc. now controls 15,698 shares with a value of $14,000. The value of the position overall is down by 0.0%. As of quarter end Boothbay Fund Management, LLC had bought a total of 67,048 shares growing its holdings by 83.7%. The value of the investment in Astrotech Corporation went from $105,000 to $134,000 a change of $29,000 for the reporting period.
As of the end of the quarter Ubs Group Ag had acquired 2,389 shares growing its position 368.1%. The value of the total investment in Astrotech Corporation increased from $1,000 to $3,000 a change of 200.0% since the last quarter. Beck Capital Management, LLC cut its position by shedding 166,940 shares a decrease of 8.4% as of 06/30/2017. Beck Capital Management, LLC currently owns 1,816,517 shares worth $1,726,000. The total value of its holdings decreased 33.6%.
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..