Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Update

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 600 shares, a decline of 50.0% from the February 28th total of 1,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 0.4 days.

Tel-Instrument Electronics Stock Performance

OTCMKTS TIKK traded down $0.09 on Friday, reaching $2.65. The company had a trading volume of 100 shares, compared to its average volume of 2,832. The company’s fifty day moving average is $2.97 and its 200-day moving average is $2.87. The firm has a market capitalization of $8.63 million, a price-to-earnings ratio of -6.79 and a beta of 0.61. Tel-Instrument Electronics has a 1-year low of $1.60 and a 1-year high of $3.37.

Tel-Instrument Electronics (OTCMKTS:TIKK) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.17) earnings per share for the quarter. Tel-Instrument Electronics had a negative return on equity of 105.05% and a negative net margin of 9.22%. The firm had revenue of $2.97 million for the quarter.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.