Short Interest in Sintx Technologies, Inc. (NASDAQ:SINT) Decreases By 42.2%

Sintx Technologies, Inc. (NASDAQ:SINT) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 20,000 shares, a decline of 42.2% from the January 31st total of 34,600 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is currently 0.0 days.

Sintx Technologies Stock Down 12.4 %

Shares of SINT traded down $0.41 during trading hours on Monday, reaching $2.90. The company’s stock had a trading volume of 290,418 shares, compared to its average volume of 2,004,910. The firm has a market cap of $3.89 million, a price-to-earnings ratio of -0.06 and a beta of 1.51. The company has a 50 day moving average of $3.52 and a two-hundred day moving average of $3.48. Sintx Technologies has a 1-year low of $2.01 and a 1-year high of $45.60.

Institutional Investors Weigh In On Sintx Technologies

A hedge fund recently bought a new stake in Sintx Technologies stock. Renaissance Technologies LLC purchased a new position in Sintx Technologies, Inc. (NASDAQ:SINT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 21,900 shares of the company’s stock, valued at approximately $77,000. Renaissance Technologies LLC owned about 1.63% of Sintx Technologies at the end of the most recent quarter. 18.38% of the stock is owned by hedge funds and other institutional investors.

Sintx Technologies Company Profile

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.