CEA Industries Inc. (NASDAQ:CEAD) Short Interest Update

CEA Industries Inc. (NASDAQ:CEAD) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 67,400 shares, a growth of 1,772.2% from the March 31st total of 3,600 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 69,500 shares, the short-interest ratio is currently 1.0 days.

CEA Industries Stock Performance

Shares of CEAD stock opened at $0.72 on Friday. The stock’s fifty day moving average is $0.57 and its 200-day moving average is $0.56. CEA Industries has a 52 week low of $0.44 and a 52 week high of $0.86.

CEA Industries (NASDAQ:CEAD) last announced its earnings results on Friday, March 29th. The company reported ($0.12) EPS for the quarter. The business had revenue of $0.25 million for the quarter. CEA Industries had a negative return on equity of 21.48% and a negative net margin of 42.13%.

About CEA Industries

CEA Industries Inc provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.