SCI Engineered Materials, Inc. (OTCMKTS:SCIA) Short Interest Up 500.0% in October

SCI Engineered Materials, Inc. (OTCMKTS:SCIA) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 600 shares, a growth of 500.0% from the September 30th total of 100 shares. Based on an average trading volume of 1,900 shares, the days-to-cover ratio is currently 0.3 days.

SCI Engineered Materials Price Performance

OTCMKTS:SCIA traded down $0.04 during trading hours on Friday, reaching $5.20. The company had a trading volume of 108 shares, compared to its average volume of 2,857. SCI Engineered Materials has a 1-year low of $4.10 and a 1-year high of $6.69. The firm has a market cap of $23.76 million, a PE ratio of 10.61 and a beta of 0.88. The business’s 50 day moving average price is $5.11 and its 200-day moving average price is $5.37.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.12 earnings per share (EPS) for the quarter. SCI Engineered Materials had a return on equity of 19.68% and a net margin of 7.73%. The company had revenue of $5.53 million during 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.