IKONICS Co. (NASDAQ:IKNX) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 200 shares, a growth of 100.0% from the May 30th total of 100 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Separately, TheStreet cut shares of Trinity Industries from a “b” rating to a “c” rating in a research note on Thursday, April 25th.
Shares of IKNX traded up $0.17 during mid-day trading on Thursday, hitting $7.52. 4,700 shares of the company traded hands, compared to its average volume of 2,690. IKONICS has a one year low of $6.50 and a one year high of $12.99. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.27 and a quick ratio of 4.20. The business has a 50-day simple moving average of $7.66.
IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for screen printing, awards and recognition, and dye sublimation markets worldwide. It operates through five segments: Domestic, Export, IKONICS Imaging, Digital Texturing Technology, and Advanced Material Solutions.
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