Sintx Technologies, Inc. (NASDAQ:SINT) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 914,800 shares, a decrease of 24.4% from the March 31st total of 1,210,000 shares. Based on an average trading volume of 4,250,000 shares, the short-interest ratio is currently 0.2 days.
Several institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in Sintx Technologies by 1,881.5% in the fourth quarter. Renaissance Technologies LLC now owns 249,673 shares of the company’s stock worth $392,000 after purchasing an additional 237,073 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Sintx Technologies by 497.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 90,200 shares of the company’s stock worth $142,000 after acquiring an additional 75,100 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Sintx Technologies during the 4th quarter worth $51,000. Finally, Virtu Financial LLC acquired a new position in Sintx Technologies during the 3rd quarter worth $61,000. Institutional investors and hedge funds own 1.36% of the company’s stock.
SINT traded up $0.09 on Tuesday, reaching $1.59. The company had a trading volume of 991,555 shares, compared to its average volume of 3,841,884. The company has a fifty day moving average of $1.75 and a 200-day moving average of $1.90. The company has a market capitalization of $39.25 million, a P/E ratio of -0.68 and a beta of 1.53. The company has a current ratio of 8.81, a quick ratio of 8.79 and a debt-to-equity ratio of 0.01. Sintx Technologies has a one year low of $0.60 and a one year high of $3.44.
Sintx Technologies (NASDAQ:SINT) last posted its quarterly earnings data on Sunday, March 21st. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.04. Sintx Technologies had a negative net margin of 862.55% and a negative return on equity of 39.83%.
Sintx Technologies Company Profile
Sintx Technologies, Inc, an advanced materials company, researches, develops, manufactures, and commercializes silicon nitride ceramics in the United States, Europe, and South America. It offers ceramic based solutions for various medical, industrial, and antipathogenic applications. The company provides solid and porous silicon nitride; silicon nitrite powder; and silicon nitride coating products.
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