Short Interest in Sintx Technologies, Inc. (NASDAQ:SINT) Drops By 54.6%

Sintx Technologies, Inc. (NASDAQ:SINT) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 554,400 shares, a decline of 54.6% from the March 31st total of 1,220,000 shares. Based on an average daily volume of 26,850,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Maxim Group reissued a “hold” rating on shares of Sintx Technologies in a research report on Monday, February 5th.

Sintx Technologies Stock Performance

Shares of SINT remained flat at $0.04 during trading on Friday. The company’s stock had a trading volume of 24,576,093 shares, compared to its average volume of 76,881,776. The business’s fifty day moving average price is $0.08 and its two-hundred day moving average price is $0.27. Sintx Technologies has a one year low of $0.02 and a one year high of $1.82. The company has a market cap of $916,272.00, a P/E ratio of -0.01 and a beta of 1.46.

Sintx Technologies (NASDAQ:SINT) last posted its quarterly earnings results on Wednesday, March 27th. The company reported ($0.09) earnings per share (EPS) for the quarter. Sintx Technologies had a negative net margin of 314.39% and a negative return on equity of 67.12%. The firm had revenue of $0.90 million for the quarter.

Sintx Technologies Company Profile

Sintx Technologies, Inc, an advanced materials company, engages in the research, development, and commercialization of medical devices manufactured with silicon nitride for biomedical, industrial, 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 and polyetherketoneketone.