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

Environmental Tectonics Co. (OTCMKTS:ETCC) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 7,600 shares, a growth of 985.7% from the November 15th total of 700 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is currently 0.4 days.

Environmental Tectonics Stock Performance

Shares of ETCC opened at $1.82 on Friday. Environmental Tectonics has a fifty-two week low of $0.58 and a fifty-two week high of $2.35. The company’s fifty day moving average is $1.86 and its 200 day moving average is $1.79. The stock has a market capitalization of $17.20 million, a PE ratio of 5.06 and a beta of 0.31.

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

Environmental Tectonics Company Profile

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.