Short Interest in CEA Industries Inc. (NASDAQ:CEAD) Decreases By 13.0%

CEA Industries Inc. (NASDAQ:CEAD) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 9,400 shares, a drop of 13.0% from the June 30th total of 10,800 shares. Based on an average daily trading volume, of 9,300 shares, the short-interest ratio is presently 1.0 days. Currently, 1.8% of the company’s stock are sold short.

CEA Industries Price Performance

Shares of NASDAQ CEAD traded down $0.01 during mid-day trading on Tuesday, reaching $7.06. 3,734 shares of the company’s stock traded hands, compared to its average volume of 7,054. The business has a 50-day simple moving average of $7.23 and a 200 day simple moving average of $7.15. The stock has a market cap of $4.80 million, a P/E ratio of -1.40 and a beta of 0.65. CEA Industries has a 1-year low of $5.22 and a 1-year high of $11.04.

CEA Industries (NASDAQ:CEAD) last posted its quarterly earnings data on Tuesday, May 14th. The company reported ($1.32) earnings per share (EPS) for the quarter. The firm had revenue of $0.24 million for the quarter. CEA Industries had a negative return on equity of 26.68% and a negative net margin of 137.91%.

About CEA Industries

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.