Liquidmetal Technologies Inc. (OTCMKTS:LQMT – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 562,170 shares, a growth of 77.5% from the May 31st total of 316,800 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 5,880,177 shares, the days-to-cover ratio is presently 0.1 days.
Liquidmetal Technologies Stock Down 1.5%
Shares of LQMT opened at $0.20 on Thursday. The firm’s 50 day simple moving average is $0.16 and its 200 day simple moving average is $0.13. Liquidmetal Technologies has a 1-year low of $0.08 and a 1-year high of $0.22.
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.
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