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

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

CEA Industries Trading Up 0.3 %

Shares of NASDAQ CEAD traded up $0.02 during trading hours on Wednesday, hitting $6.62. The company had a trading volume of 1,746 shares, compared to its average volume of 7,348. The firm’s 50 day moving average is $6.89 and its 200-day moving average is $7.17. CEA Industries has a 1-year low of $5.22 and a 1-year high of $11.04.

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

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.