Liquidmetal Technologies Inc. (OTCMKTS:LQMT) Short Interest Down 40.2% in June

Liquidmetal Technologies Inc. (OTCMKTS:LQMT) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 336,163 shares, a drop of 40.2% from the June 15th total of 562,170 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,702,276 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Liquidmetal Technologies

A hedge fund recently bought a new position in Liquidmetal Technologies stock. Byrne Asset Management LLC acquired a new stake in Liquidmetal Technologies Inc. (OTCMKTS:LQMT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 400,000 shares of the industrial products company’s stock, valued at approximately $80,000. 0.06% of the stock is owned by institutional investors.

Liquidmetal Technologies Stock Up 1.7%

LQMT stock traded up $0.00 during mid-day trading on Thursday, reaching $0.20. The company had a trading volume of 341,143 shares, compared to its average volume of 756,651. Liquidmetal Technologies has a 52 week low of $0.08 and a 52 week high of $0.22. The stock has a 50 day simple moving average of $0.17 and a two-hundred day simple moving average of $0.13.

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.