Environmental Tectonics Co. (OTCMKTS:ETCC) Sees Large Drop in Short Interest

Environmental Tectonics Co. (OTCMKTS:ETCC) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 700 shares, a decline of 12.5% from the October 31st total of 800 shares. Based on an average trading volume of 92,100 shares, the days-to-cover ratio is presently 0.0 days.

Environmental Tectonics Trading Down 1.1 %

Shares of ETCC traded down $0.02 during midday trading on Monday, hitting $1.85. The stock had a trading volume of 18,418 shares, compared to its average volume of 22,451. Environmental Tectonics has a fifty-two week low of $0.55 and a fifty-two week high of $2.35. The business has a 50-day simple moving average of $1.86 and a two-hundred day simple moving average of $1.75. The firm has a market cap of $17.48 million, a P/E ratio of 5.14 and a beta of 0.27.

Environmental Tectonics (OTCMKTS:ETCC) last announced its earnings results on Tuesday, October 15th. The aerospace company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $14.08 million for the quarter. Environmental Tectonics had a net margin of 11.76% and a negative return on equity of 57.87%.

About Environmental Tectonics

Environmental Tectonics Corporation, together with its subsidiaries, operates as an engineered solutions company in the United States and internationally. It operates in two segments, Aerospace Solutions (Aerospace) and Commercial/Industrial Systems (CIS). The Aerospace segment engages in the design, manufacture, and sale of aircrew training systems to commercial, governmental, and military defense agencies; training devices, including altitude and multiplace chambers to governmental and military defense agencies, and civil aviation organizations; and advanced disaster management simulators to governmental organizations, original equipment manufacturers, fire and emergency training schools, universities, and airports, as well as provides integrated logistics support services.