Liquidmetal Technologies Inc. (OTCMKTS:LQMT) Short Interest Up 73.9% in July

Liquidmetal Technologies Inc. (OTCMKTS:LQMT) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 584,518 shares, a growth of 73.9% from the June 30th total of 336,163 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,361,449 shares, the short-interest ratio is presently 0.4 days.

Liquidmetal Technologies Stock Performance

Liquidmetal Technologies stock opened at $0.25 on Friday. Liquidmetal Technologies has a fifty-two week low of $0.08 and a fifty-two week high of $0.29. The firm’s fifty day moving average price is $0.20 and its 200-day moving average price is $0.15.

Institutional Investors Weigh In On Liquidmetal Technologies

A hedge fund recently bought a new position in Liquidmetal Technologies stock. Byrne Asset Management LLC purchased a new position in shares of Liquidmetal Technologies Inc. (OTCMKTS:LQMT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 400,000 shares of the industrial products company’s stock, valued at approximately $80,000. 0.06% of the stock is owned by hedge funds and other institutional investors.

About Liquidmetal Technologies

Liquidmetal Technologies, Inc is a development-stage materials engineering company specializing in the design, development and licensing of proprietary bulk amorphous metal alloys known under the trademark “Liquidmetal.” These amorphous alloys exhibit a unique combination of high strength, elasticity and corrosion resistance, which the company says can outperform traditional crystalline metals in a variety of applications.

The company’s core business model centers on patented intellectual property, process technology and alloy formulations for injection molding of amorphous metals.