Scientific Industries, Inc. (OTCMKTS:SCND) Short Interest Down 25.0% in March

Scientific Industries, Inc. (OTCMKTS:SCND) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, a decrease of 25.0% from the March 15th total of 400 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Scientific Industries Stock Performance

SCND opened at $0.90 on Monday. The stock’s fifty day simple moving average is $1.01 and its 200 day simple moving average is $1.03. Scientific Industries has a 1-year low of $0.62 and a 1-year high of $2.25. The stock has a market cap of $6.28 million, a PE ratio of -1.47 and a beta of 0.42.

Scientific Industries (OTCMKTS:SCND) last released its quarterly earnings results on Monday, March 31st. The company reported ($0.18) earnings per share for the quarter. The company had revenue of $2.81 million during the quarter. Scientific Industries had a negative net margin of 63.35% and a negative return on equity of 54.88%.

About Scientific Industries

Scientific Industries, Inc engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems in the United States, Germany, and internationally. It offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high-speed touch mixers, mixers with an integral timer, cell disruptors, bead beaters, microplate mixers, vortex mixers, two large capacity multi-vessel vortex mixers, and orbital shakers.