Short Interest in CEA Industries Inc. (NASDAQ:CEAD) Expands By 1,772.2%

CEA Industries Inc. (NASDAQ:CEAD) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 67,400 shares, an increase of 1,772.2% from the March 31st total of 3,600 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily volume of 69,500 shares, the short-interest ratio is currently 1.0 days.

CEA Industries Stock Performance

CEAD stock opened at $0.72 on Friday. The company has a market cap of $5.93 million, a price-to-earnings ratio of -2.01 and a beta of 0.74. CEA Industries has a 12 month low of $0.44 and a 12 month high of $0.86. The firm has a 50-day moving average of $0.57 and a two-hundred day moving average of $0.56.

CEA Industries (NASDAQ:CEAD) last announced its quarterly earnings results on Friday, March 29th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $0.25 million for the quarter. CEA Industries had a negative return on equity of 21.48% and a negative net margin of 42.13%.

About CEA Industries

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.