Trading volume for Ikonics Corporation was 300 on Tuesday. Trading volume was down 82.16% under the stocks average daily volume.
Investors are more bearish on shares of Ikonics Corporation recently as indicated by the change in short interest. The firm saw a rise in short interest of 20.79% between September 29, 2017 and October 13, 2017. Short interest increased 180 over that timeframe. With short interest at 1,046 and short average daily volume at 2,455, days to cover is 0.0 and the short interest percentage is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (IKNX). Morgan Stanley trimmed its ownership by selling 450 shares a decrease of 81.8% in the quarter. Morgan Stanley currently owns 100 shares valued at $1,000. The value of the position overall is down by 83.3%. As of quarter end Tower Research Capital LLC (trc) had bought 397 shares growing its holdings by 13,233.3%. The value of the investment in Ikonics Corporation increased from $0 to $4,000 a change of inf% for the reporting period.
As of the end of the quarter Ubs Group Ag had disposed of a total of 602 shares trimming its stake by 90.8%. The value of the company’s investment in Ikonics Corporation went from $7,000 to $1,000 a change of $6,000 quarter over quarter.
The company is up by 2.50% percent from yesterday’s close. The stock last traded at $8.20 which is marginally under the 50 day moving average which is $8.38 and barely below the 200 day moving average of $8.56. The 50 day moving average was down $-0.18 and the 200 day average was down $-0.36.
IKONICS Corporation, launched on March 8, 1952, is involved in the development and manufacturing of photochemical imaging systems for sale primarily to a range of printers and decorators of surfaces. The Company also provides inkjet receptive films, ancillary chemicals and related equipment. The Company has five operating segments: Domestic, Export, IKONICS Imaging, Digital Texturing (DTX) and Advanced Material Solutions (AMS). The Business’s technology platforms include Ultraviolet (UV) chemistry, film coating and construction, technical abrasive etching, and industrial inkjet printing. The Company markets its products in various countries in various regions of the world, including North America, Europe, Latin America, and Asia..Advertisement