The stock last traded at $0.98 well above the 50 day moving average of $0.77 and which is marginally under 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. Trading was light with 3,965 shares changing hands by the end of trading on Tuesday. Shares saw a steep decrease in trading volume of 92.07% under the normal average daily volume.
Traders are a little more bearish on shares of Astrotech Corporation if you watch the uptick in short interest. The company had a rise in short interest between August 15, 2017 and August 31, 2017 of 74.41%. Short interest grew 17,530 over that timeframe. The short-interest ratio increased to 1.0 and the percentage of shorted shares is 0.00% as of August 31.
The following firms have recently changed their position in ASTC. Kcg Holdings, Inc. expanded its holdings by buying 5,185 shares an increase of 49.3% as of 06/30/2017. Kcg Holdings, Inc. currently owns 15,698 shares with a value of $14,000. The total value of its holdings decreased 0.0%. Boothbay Fund Management, LLC added to its investment by buying 67,048 shares an increase of 83.7% from 03/31/2017 to 06/30/2017. Boothbay Fund Management, LLC claims 147,151 shares valued at $134,000. The value of the position overall is up by 27.6%.
Ubs Group Ag augmented its stake by buying 2,389 shares an increase of 368.1%. Ubs Group Ag now holds 3,038 shares worth $3,000. The value of the position overall is up by 200.0%. As of the end of the quarter Beck Capital Management, LLC had sold 166,940 shares trimming its position 8.4%. The value of the total investment in Astrotech Corporation decreased from $2,598,000 to $1,726,000 a change of $872,000 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..