Sintx Technologies, Inc. (NASDAQ:SINT) Sees Large Growth in Short Interest

Sintx Technologies, Inc. (NASDAQ:SINT) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 80,900 shares, a growth of 32.4% from the March 15th total of 61,100 shares. Currently, 4.0% of the shares of the stock are short sold. Based on an average daily volume of 1,260,000 shares, the days-to-cover ratio is presently 0.1 days.

Sintx Technologies Trading Up 1.2 %

Shares of NASDAQ:SINT opened at $1.75 on Friday. Sintx Technologies has a twelve month low of $1.71 and a twelve month high of $45.60. The firm has a market cap of $4.40 million, a P/E ratio of -0.03 and a beta of 1.12. The company has a 50 day moving average of $2.99 and a 200-day moving average of $3.22.

Institutional Trading of Sintx Technologies

A hedge fund recently bought a new stake in Sintx Technologies stock. Renaissance Technologies LLC acquired a new position in Sintx Technologies, Inc. (NASDAQ:SINT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 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 reporting period. 18.38% of the stock is currently owned by 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.