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

Nanophase Technologies Co. (OTCMKTS:NANX) was the recipient of a large decrease in short interest during the month of 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 45,500 shares, the days-to-cover ratio is presently 0.0 days.

Nanophase Technologies Trading Down 10.6 %

NANX traded down $0.25 on Friday, hitting $2.09. 308,008 shares of the stock traded hands, compared to its average volume of 38,470. The business has a fifty day moving average price of $2.72 and a two-hundred day moving average price of $2.31. The firm has a market capitalization of $145.97 million, a PE ratio of 104.30 and a beta of 1.36. Nanophase Technologies has a 52 week low of $0.67 and a 52 week 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 firm had revenue of $12.57 million for the quarter. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%.

About Nanophase Technologies

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.