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

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a decline of 76.9% from the March 31st total of 1,300 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Tel-Instrument Electronics Price Performance

Shares of OTCMKTS TIKK remained flat at $2.65 during trading on Tuesday. 4 shares of the stock traded hands, compared to its average volume of 2,617. The firm has a fifty day moving average of $2.79 and a two-hundred day moving average of $2.86. The firm has a market cap of $8.63 million, a price-to-earnings ratio of -6.79 and a beta of 0.50. Tel-Instrument Electronics has a 52-week low of $1.60 and a 52-week high of $3.37.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released 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 business had revenue of $2.97 million for the quarter.

About Tel-Instrument Electronics

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.