Short Interest in SCI Engineered Materials, Inc. (OTCMKTS:SCIA) Declines By 92.9%

SCI Engineered Materials, Inc. (OTCMKTS:SCIA) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 92.9% from the November 30th total of 1,400 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.0 days.

SCI Engineered Materials Stock Down 1.6 %

Shares of SCI Engineered Materials stock traded down $0.08 on Friday, hitting $4.63. The stock had a trading volume of 250 shares, compared to its average volume of 2,843. The stock has a market cap of $21.13 million, a price-to-earnings ratio of 10.51 and a beta of 0.90. SCI Engineered Materials has a twelve month low of $4.50 and a twelve month high of $6.69. The business’s 50 day moving average is $4.89 and its two-hundred day moving average is $5.23.

SCI Engineered Materials (OTCMKTS:SCIA) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.08 EPS for the quarter. SCI Engineered Materials had a return on equity of 16.98% and a net margin of 8.04%. The firm had revenue of $3.88 million for the quarter.

SCI Engineered Materials Company Profile

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.