Short Interest in Astrotech Corporation (NASDAQ:ASTC) Decreases By 45.6%

Astrotech Corporation (NASDAQ:ASTC) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 41,339 shares, a drop of 45.6% from the April 30th total of 75,943 shares. Based on an average daily trading volume, of 33,882 shares, the short-interest ratio is presently 1.2 days. Approximately 2.8% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings raised Astrotech from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Astrotech Stock Performance

Shares of ASTC stock opened at $49.80 on Monday. Astrotech has a 12-month low of $1.91 and a 12-month high of $68.85. The firm’s 50 day moving average is $4.75 and its 200 day moving average is $3.78. The stock has a market capitalization of $87.65 million, a P/E ratio of -5.92 and a beta of 4.47.

Astrotech (NASDAQ:ASTC) last issued its earnings results on Wednesday, May 13th. The aerospace company reported ($2.25) earnings per share (EPS) for the quarter. Astrotech had a negative return on equity of 81.85% and a negative net margin of 1,397.82%.The company had revenue of $0.34 million during the quarter.

Key Headlines Impacting 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.

Institutional Investors Weigh In On Astrotech

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in Astrotech in the third quarter worth approximately $66,000. DRW Securities LLC boosted its holdings in Astrotech by 168.5% in the fourth quarter. DRW Securities LLC now owns 31,464 shares of the aerospace company’s stock worth $109,000 after purchasing an additional 19,747 shares during the last quarter. Finally, J. Safra Sarasin Holding AG purchased a new stake in Astrotech in the first quarter worth approximately $140,000. Hedge funds and other institutional investors own 24.35% of the company’s stock.

About Astrotech

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.