Nanophase Technologies Co. (OTCMKTS:NANX) Sees Significant Drop in Short Interest

Nanophase Technologies Co. (OTCMKTS:NANX) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 400 shares, a decrease of 60.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 45,500 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Nanophase Technologies Price Performance

Shares of NANX stock traded down $0.25 on Friday, hitting $2.09. The stock had a trading volume of 308,008 shares, compared to its average volume of 38,470. The firm has a market capitalization of $145.97 million, a P/E ratio of 104.30 and a beta of 1.36. The company’s 50 day moving average price is $2.72 and its 200-day moving average price is $2.32. Nanophase Technologies has a 1 year low of $0.67 and a 1 year high of $3.15.

Nanophase Technologies (OTCMKTS:NANX) last announced its quarterly earnings data on Wednesday, March 26th. The industrial products company reported ($0.01) earnings per share for the quarter. The business had revenue of $12.57 million during the quarter. Nanophase Technologies had a net margin of 5.59% and a return on equity of 31.49%.

Nanophase Technologies Company Profile

Nanophase Technologies Corporation, a science-driven company, develops, manufactures, and sells integrated family of nanomaterial technologies in the United States. It engages in engineered materials, formulation development, and commercial manufacturing. The company produces engineered nanomaterial products comprising antimony, bismuth, cerium, iron, and zinc oxide for use in a various markets, including surface finishing,exterior coatings, personal care, plastics, scratch resistant coatings, and textiles.