Escalon Medical Corp. (OTCMKTS:ESMC) Short Interest Update

Escalon Medical Corp. (OTCMKTS:ESMC) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,300 shares, a growth of 3,200.0% from the March 31st total of 100 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 4.1 days.

Escalon Medical Stock Performance

Shares of Escalon Medical stock opened at $0.24 on Friday. The firm has a fifty day moving average of $0.22 and a two-hundred day moving average of $0.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.09 and a current ratio of 1.64. The stock has a market capitalization of $1.78 million, a price-to-earnings ratio of 6.00 and a beta of -0.50. Escalon Medical has a 52 week low of $0.07 and a 52 week high of $0.39.

Escalon Medical (OTCMKTS:ESMC) last posted its quarterly earnings results on Wednesday, February 14th. The medical equipment provider reported ($0.01) earnings per share for the quarter. The company had revenue of $2.87 million during the quarter. Escalon Medical had a net margin of 3.85% and a return on equity of 39.40%.

About Escalon Medical

Escalon Medical Corp. engages in the development, manufacturing, marketing, and distribution of medical devices and pharmaceuticals in the area of ophthalmology in the United States and internationally. It offers A-Scan, which provides information about the internal structure of the eye; B-Scan, a diagnostic tool that supplies information to physicians where the media within the eye are cloudy or opaque; UBM, a high frequency/high resolution ultrasound device, which provides detailed information about the anterior segment of the eye; and Pachymeter that measures the thickness of cornea.