Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Decrease in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 400 shares, a decrease of 75.0% from the September 15th total of 1,600 shares. Based on an average trading volume of 4,300 shares, the short-interest ratio is currently 0.1 days.

Tel-Instrument Electronics Price Performance

Shares of TIKK stock remained flat at $2.99 during trading hours on Friday. The stock had a trading volume of 2,300 shares, compared to its average volume of 1,666. Tel-Instrument Electronics has a 1-year low of $1.60 and a 1-year high of $3.04. The stock has a 50-day simple moving average of $2.56 and a two-hundred day simple moving average of $2.17.

Tel-Instrument Electronics (OTCMKTS:TIKK) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $2.84 million for the quarter. Tel-Instrument Electronics had a return on equity of 17.90% and a net margin of 1.01%.

Tel-Instrument Electronics Company Profile

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 in two segments, Avionics Government and Avionics Commercial.