SCI Engineered Materials, Inc. (OTCMKTS:SCIA) Sees Large Decrease in Short Interest

SCI Engineered Materials, Inc. (OTCMKTS:SCIA) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 50.0% from the January 31st total of 200 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 0.0 days.

SCI Engineered Materials Stock Performance

Shares of SCIA traded down $0.03 during mid-day trading on Friday, reaching $4.48. 3,100 shares of the company’s stock traded hands, compared to its average volume of 3,221. The business’s 50-day moving average price is $4.82 and its 200-day moving average price is $4.94. The stock has a market capitalization of $20.46 million, a P/E ratio of 10.93 and a beta of 0.92. SCI Engineered Materials has a 12 month low of $4.36 and a 12 month high of $6.69.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its earnings results on Friday, February 14th. The company reported $0.09 EPS for the quarter. SCI Engineered Materials had a return on equity of 15.20% and a net margin of 8.14%. The firm had revenue of $5.05 million for the quarter.

About SCI Engineered Materials

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.