Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Update

Tel-Instrument Electronics Corp. (OTCMKTS:TIKKGet Rating) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 300 shares, a decline of 50.0% from the March 31st total of 600 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.6 days.

Shares of TIKK opened at $3.14 on Friday. The firm has a market capitalization of $10.22 million, a PE ratio of 10.13 and a beta of 0.33. Tel-Instrument Electronics has a 1-year low of $2.76 and a 1-year high of $3.75. The company’s fifty day moving average price is $3.00 and its 200-day moving average price is $3.11.

Tel-Instrument Electronics (OTCMKTS:TIKKGet Rating) last posted its quarterly earnings results on Friday, February 11th. The company reported $0.04 EPS for the quarter. Tel-Instrument Electronics had a net margin of 11.35% and a return on equity of 123.61%. The company had revenue of $3.17 million for the quarter.

About Tel-Instrument Electronics (Get Rating)

Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.

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