Short Interest in Sintx Technologies, Inc. (NASDAQ:SINT) Decreases By 42.2%

Sintx Technologies, Inc. (NASDAQ:SINT) was the target of a significant decline in short interest in February. As of February 15th, there was short interest totalling 20,000 shares, a decline of 42.2% from the January 31st total of 34,600 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 1,400,000 shares, the days-to-cover ratio is presently 0.0 days.

Sintx Technologies Stock Performance

Shares of SINT opened at $2.90 on Tuesday. Sintx Technologies has a one year low of $2.01 and a one year high of $45.60. The stock has a 50-day moving average price of $3.52 and a 200 day moving average price of $3.48. The company has a market capitalization of $3.89 million, a P/E ratio of -0.06 and a beta of 1.51.

Hedge Funds Weigh In On Sintx Technologies

An institutional investor recently bought a new position in Sintx Technologies stock. Renaissance Technologies LLC purchased a new stake in Sintx Technologies, Inc. (NASDAQ:SINT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,900 shares of the company’s stock, valued at approximately $77,000. Renaissance Technologies LLC owned approximately 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 Company Profile

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.