Short Interest in Environmental Tectonics Co. (OTCMKTS:ETCC) Increases By 1,300.0%

Environmental Tectonics Co. (OTCMKTS:ETCC) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Environmental Tectonics Price Performance

Shares of Environmental Tectonics stock traded down $0.10 on Thursday, reaching $1.63. 10,078 shares of the company traded hands, compared to its average volume of 22,863. Environmental Tectonics has a 52 week low of $0.72 and a 52 week high of $2.99. The company has a 50 day moving average of $2.30 and a 200 day moving average of $2.04. The firm has a market capitalization of $15.42 million, a PE ratio of 3.40 and a beta of 0.33.

Environmental Tectonics (OTCMKTS:ETCC) last announced its quarterly earnings data on Friday, January 10th. The aerospace company reported $0.14 earnings per share for the quarter. Environmental Tectonics had a negative return on equity of 98.37% and a net margin of 13.74%.

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.