Short Interest in Zentek Ltd. (NASDAQ:ZTEK) Decreases By 24.4%

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Zentek in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Zentek Stock Down 1.6%

NASDAQ ZTEK opened at $0.64 on Friday. Zentek has a one year low of $0.62 and a one year high of $1.84. The company has a market cap of $69.03 million, a P/E ratio of -12.84 and a beta of 0.38. The business has a fifty day moving average price of $0.74 and a 200 day moving average price of $0.78. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.53 and a current ratio of 0.79.

About Zentek

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.