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

Sintx Technologies, Inc. (NASDAQ:SINT) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 120,400 shares, an increase of 502.0% from the February 13th total of 20,000 shares. Currently, 9.0% of the company’s stock are short sold. Based on an average daily volume of 1,310,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sintx Technologies stock. Renaissance Technologies LLC acquired a new position in shares of Sintx Technologies, Inc. (NASDAQ:SINT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,900 shares of the company’s stock, valued at approximately $77,000. Renaissance Technologies LLC owned 1.63% of Sintx Technologies at the end of the most recent reporting period. Institutional investors own 18.38% of the company’s stock.

Sintx Technologies Stock Down 0.9 %

NASDAQ SINT opened at $3.24 on Thursday. Sintx Technologies has a 12-month low of $2.01 and a 12-month high of $45.60. The firm’s 50 day moving average is $3.46 and its 200-day moving average is $3.43. The company has a market capitalization of $4.35 million, a PE ratio of -0.06 and a beta of 1.20.

About Sintx Technologies

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.