Astrotech Corporation (NASDAQ:ASTC – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 41,339 shares, a decrease of 45.6% from the April 30th total of 75,943 shares. Approximately 2.8% of the company’s shares are sold short. Based on an average trading volume of 33,882 shares, the short-interest ratio is presently 1.2 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASTC. J. Safra Sarasin Holding AG bought a new stake in shares of Astrotech during the first quarter valued at approximately $140,000. DRW Securities LLC increased its position in shares of Astrotech by 168.5% during the fourth quarter. DRW Securities LLC now owns 31,464 shares of the aerospace company’s stock valued at $109,000 after acquiring an additional 19,747 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Astrotech during the third quarter valued at approximately $66,000. Institutional investors own 24.35% of the company’s stock.
Trending Headlines about Astrotech
Here are the key news stories impacting Astrotech this week:
- Positive Sentiment: Astrotech is being highlighted as a major momentum name, with a Benzinga report saying the stock is up more than 1,100% this week and linking the rally to NASA’s Artemis program and lunar quantum computing themes. Astrotech Stock Is Up Over 1,100% This Week — What’s Going On?
- Positive Sentiment: TipRanks included Astrotech (ASTC) among three penny stocks to watch, which can attract additional short-term trading interest and retail volume. 3 Penny Stocks to Watch Now, 5/28/26
- Neutral Sentiment: The stock has been hit by multiple trading halts labeled LULD Pause, reflecting extreme volatility rather than a specific new fundamental announcement.
- Neutral Sentiment: Short-interest data showed mixed signals: one update noted a decline in short interest in mid-May, while a later update reported zero short interest, suggesting the data may be inconsistent or stale.
Analyst Ratings Changes
Check Out Our Latest Report on ASTC
Astrotech Stock Performance
Shares of NASDAQ ASTC opened at $49.80 on Monday. Astrotech has a fifty-two week low of $1.91 and a fifty-two week high of $68.85. The company has a market capitalization of $87.65 million, a price-to-earnings ratio of -5.92 and a beta of 4.47. The company has a 50 day simple moving average of $4.75 and a two-hundred day simple moving average of $3.78.
Astrotech (NASDAQ:ASTC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The aerospace company reported ($2.25) earnings per share for the quarter. Astrotech had a negative net margin of 1,397.82% and a negative return on equity of 81.85%. The company had revenue of $0.34 million for the quarter.
Astrotech Company Profile
Astrotech Corp. (NASDAQ: ASTC) is a technology commercialization company headquartered near Austin, Texas. The firm sources early-stage innovations from government and university research programs—most notably from NASA—and advances them toward commercial readiness. Astrotech’s core mission is to bridge the gap between federally funded R&D and industrial applications across the life sciences and renewable energy sectors.
In its life sciences division, Astrotech has focused on mass spectrometry-based analytical instruments and diagnostic platforms.
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