Astrotech Corporation (NASDAQ:ASTC) Stock Traded Much Lower Than Its 50 Day Moving Average

0
92

Shares last traded at $3.47 quite a bit lower than $4.09, the 50 day moving average and much lower than the 200 day moving average of $4.75. The 50 day moving average moved down $-0.62 and the 200 day average went down by -26.9083%. (NASDAQ:ASTC) shares saw light trading volume with 201 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 99.60% under the normal average daily volume.

Traders are feeling more bearish recently at least if you consider the uptick in short interest. The stock experienced a rise in short interest of 264.24% as of the latest report on September 29, 2017. Short shares increased 59,781 over that period. Days to cover decreased 0.0 to 0.0 and the percentage of shorted shares is 0.00% as of September 29.

Additionally, here are a few investment firms who have increased or decreased their stake in (ASTC). Kcg Holdings, Inc. added to its stake by buying 5,185 shares an increase of 49.3% from 03/31/2017 to 06/30/2017. Kcg Holdings, Inc. currently owns 15,698 shares worth $14,000. The total value of its holdings decreased 0.0%. Boothbay Fund Management, LLC augmented its position by buying 67,048 shares an increase of 83.7% as of 06/30/2017. Boothbay Fund Management, LLC now controls 147,151 shares valued at $134,000. The value of the position overall is up by 27.6%.

Ubs Group Ag bolstered its ownership by buying 2,389 shares an increase of 368.1% in the quarter. Ubs Group Ag owns 3,038 shares with a value of $3,000. The total value of its holdings increased 200.0%. Beck Capital Management, LLC downsized its investment by selling 166,940 shares a decrease of 8.4%. Beck Capital Management, LLC controls 1,816,517 shares worth $1,726,000. The value of the position overall is down by 33.6%.

Astrotech Corporation, launched on August 22, 1984, is a science and technology development and commercialization company. The Company invents, acquires and commercializes technological innovations sourced from internal research, universities, laboratories and research institutions. The Company operates through two business units: Astro Scientific and Astral Images Corporation (Astral). The Astro Scientific is a technology incubator that commercializes technologies, and includes the operations of subsidiaries, such as 1st Detect Corporation (1st Detect) and Astrogenetix, Inc. (Astrogenetix). Astral enables film restoration, enhancement and digitization using an automated process that algorithmically removes dust, scratches and defects to restore it to its original condition. The Business’s product portfolio consists of MMS-1000 and OEM-1000..