Zentek Ltd. (NASDAQ:ZTEK) Short Interest Update

Zentek Ltd. (NASDAQ:ZTEK) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 40,804 shares, a drop of 24.4% from the January 15th total of 53,991 shares. Based on an average daily volume of 81,978 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 81,978 shares, the short-interest ratio is currently 0.5 days.

Zentek Stock Down 1.6%

ZTEK stock opened at $0.64 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.79 and a quick ratio of 0.53. The stock has a market capitalization of $69.03 million, a P/E ratio of -12.84 and a beta of 0.38. The business has a 50-day moving average of $0.73 and a 200-day moving average of $0.78. Zentek has a fifty-two week low of $0.62 and a fifty-two week high of $1.84.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zentek in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Zentek Company Profile

Zentek Ltd. (NASDAQ: ZTEK) is a nanotechnology company headquartered in Vancouver, British Columbia, specializing in the development and commercialization of advanced polymer and coating technologies. The company’s core focus is on materials engineered to enhance thermal management, structural performance and acoustic properties across a variety of end markets. By leveraging proprietary polymer chemistry, Zentek designs solutions that address critical performance challenges in energy storage, electronics and safety applications.

Zentek’s product portfolio includes phase-change materials and flexible polymer foams tailored for battery and power electronics thermal management in electric vehicles and stationary energy storage systems.