SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Update

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, a drop of 33.3% from the May 15th total of 300 shares. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

SCI Engineered Materials Stock Performance

Shares of SCIA stock opened at $4.20 on Thursday. The firm’s 50 day moving average price is $4.38 and its two-hundred day moving average price is $4.60. The stock has a market cap of $19.24 million, a PE ratio of 11.67 and a beta of 0.74. SCI Engineered Materials has a 52-week low of $4.15 and a 52-week high of $6.69.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings results on Friday, May 2nd. The company reported $0.07 earnings per share for the quarter. SCI Engineered Materials had a net margin of 9.06% and a return on equity of 12.85%. The company had revenue of $3.50 million for the quarter.

About SCI Engineered Materials

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries.