What's Going On With SiNtx Technologies Stock?

SiNtx Technologies, Inc. SINT shares are trading higher Wednesday. The company filed a notice of special meeting of stockholders Tuesday. Here's a look at what's going on. 

What To Know:

Sintx Technologies will hold a special meeting of stockholders on May 14 to vote on the proposal of a potential reverse stock split of all issued and outstanding shares of common stock at a ratio of not less than 1-for-100 and not greater than 1-for-300. 

The company closed its recent public offering of 71.6 million shares of common stock at $0.021 per share on April 5. 

Sintx shares are moving on massive trading volume Wednesday with more than 247 million shares already traded in the session. According to data from Benzinga Pro, the stock has a 100-day average volume of just over 9.1 million shares.

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How To Buy SINT Stock:

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in SINTX Technologies’ case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

SINT Price Action: According to Benzinga Pro, Sintx Technologies shares are up 55% at 3 cents at the time of publication Wednesday.

Image: Pete Linforth from Pixabay