Servotronics, Inc. (NYSEAMERICAN:SVT) Short Interest Update

Servotronics, Inc. (NYSEAMERICAN:SVTGet Rating) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 1,000 shares, a decrease of 41.2% from the April 30th total of 1,700 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

NYSEAMERICAN SVT traded up $0.12 during trading hours on Friday, reaching $10.64. The company had a trading volume of 1,297 shares, compared to its average volume of 5,056. Servotronics has a 1-year low of $7.61 and a 1-year high of $14.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 7.00 and a quick ratio of 4.28. The stock has a market capitalization of $26.59 million, a P/E ratio of 6.73 and a beta of 0.95.

Servotronics (NYSEAMERICAN:SVTGet Rating) last issued its quarterly earnings results on Thursday, March 31st. The conglomerate reported ($0.38) earnings per share (EPS) for the quarter. The business had revenue of $10.56 million for the quarter. Servotronics had a return on equity of 10.57% and a net margin of 9.00%.

Servotronics Company Profile (Get Rating)

Servotronics, Inc designs, manufactures, and markets control components and consumer products in the United States and internationally. It operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets.

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