Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Significant Growth in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,300 shares, a growth of 550.0% from the January 31st total of 200 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is currently 0.3 days.

Tel-Instrument Electronics Stock Performance

Shares of TIKK opened at $3.04 on Friday. The stock has a fifty day moving average of $3.00 and a two-hundred day moving average of $2.81. The company has a market capitalization of $9.90 million, a PE ratio of -7.79 and a beta of 0.50. Tel-Instrument Electronics has a fifty-two week low of $1.60 and a fifty-two week high of $3.37.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.17) EPS for the quarter. The firm had revenue of $2.97 million for the quarter. Tel-Instrument Electronics had a negative return on equity of 105.05% and a negative net margin of 9.22%.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of 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 through two segments, Avionics Government and Avionics Commercial.