CEA Industries Inc. (NASDAQ:CEAD) Short Interest Down 60.3% in October

CEA Industries Inc. (NASDAQ:CEAD) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 5,000 shares, a decrease of 60.3% from the October 15th total of 12,600 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is presently 0.6 days.

CEA Industries Stock Performance

Shares of CEAD stock traded up $0.26 on Thursday, hitting $6.88. 805 shares of the stock traded hands, compared to its average volume of 7,319. The stock has a market capitalization of $5.44 million, a PE ratio of -1.43 and a beta of 1.07. The firm’s 50-day moving average price is $6.89 and its two-hundred day moving average price is $7.17. CEA Industries has a twelve month low of $5.22 and a twelve month high of $11.04.

CEA Industries (NASDAQ:CEAD) last announced its earnings results on Wednesday, August 14th. The company reported ($0.66) earnings per share (EPS) for the quarter. The business had revenue of $1.76 million for the quarter. CEA Industries had a negative return on equity of 26.52% and a negative net margin of 100.41%.

CEA Industries Company Profile

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.