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

Nanophase Technologies Co. (OTCMKTS:NANX) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 3,600 shares, a growth of 50.0% from the November 15th total of 2,400 shares. Based on an average daily trading volume, of 117,700 shares, the days-to-cover ratio is currently 0.0 days.

Nanophase Technologies Stock Performance

NANX opened at $2.67 on Friday. The business’s 50-day simple moving average is $2.08 and its 200 day simple moving average is $1.72. The firm has a market capitalization of $146.48 million, a PE ratio of 133.50 and a beta of 1.21. Nanophase Technologies has a 52-week low of $0.40 and a 52-week high of $2.91.

Nanophase Technologies (OTCMKTS:NANX) last announced its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $0.04 EPS for the quarter. The firm had revenue of $16.87 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.