Sintx Technologies, Inc. (NASDAQ:SINT) Short Interest Update

Sintx Technologies, Inc. (NASDAQ:SINT) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 188,600 shares, an increase of 24.4% from the February 29th total of 151,600 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily trading volume, of 3,390,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Sintx Technologies

Institutional investors have recently bought and sold shares of the business. Barclays PLC purchased a new stake in Sintx Technologies during the fourth quarter worth approximately $130,000. Acadian Asset Management LLC purchased a new stake in Sintx Technologies during the first quarter worth approximately $34,000. State Street Corp purchased a new stake in Sintx Technologies during the first quarter worth approximately $35,000. Citadel Advisors LLC purchased a new stake in Sintx Technologies during the second quarter worth approximately $28,000. Finally, Renaissance Technologies LLC purchased a new stake in Sintx Technologies during the second quarter worth approximately $36,000. 18.38% of the stock is currently owned by hedge funds and other institutional investors.

Sintx Technologies Price Performance

NASDAQ:SINT opened at $0.05 on Monday. The firm has a 50 day simple moving average of $0.15 and a 200-day simple moving average of $0.39. Sintx Technologies has a 1-year low of $0.04 and a 1-year high of $2.39.

Analyst Ratings Changes

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

About Sintx Technologies

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.