Sintx Technologies, Inc. (NASDAQ:SINT) Short Interest Down 49.3% in March

Sintx Technologies, Inc. (NASDAQ:SINT) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 61,100 shares, a decrease of 49.3% from the February 28th total of 120,400 shares. Approximately 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 1,290,000 shares, the days-to-cover ratio is presently 0.0 days.

Sintx Technologies Stock Down 4.6 %

NASDAQ:SINT traded down $0.14 during trading hours on Friday, hitting $2.79. 27,570 shares of the company traded hands, compared to its average volume of 1,377,046. The company has a market cap of $3.74 million, a PE ratio of -0.05 and a beta of 1.20. The firm’s 50-day simple moving average is $3.35 and its 200-day simple moving average is $3.40. Sintx Technologies has a one year low of $2.01 and a one year high of $45.60.

Institutional Trading of Sintx Technologies

An institutional investor recently bought a new position in Sintx Technologies stock. Renaissance Technologies LLC acquired a new stake in Sintx Technologies, Inc. (NASDAQ:SINT) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,900 shares of the company’s stock, valued at approximately $77,000. Renaissance Technologies LLC owned about 1.63% of Sintx Technologies as of its most recent filing with the SEC. Institutional investors and hedge funds own 18.38% of the company’s stock.

About Sintx Technologies

Sintx Technologies, Inc, an advanced ceramics company, engages in the research, development, and commercialization of medical devices manufactured with silicon nitride for biomedical, technical, and antipathogenic applications in the United States. It provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products, as well as silicon nitride composite materials, polyetheretherketone, and polyetherketoneketone.