Short Interest in SCI Engineered Materials Inc. (OTCMKTS:SCIA) Grows By 9,900.0%

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 100 shares, an increase of 9,900.0% from the May 14th total of 1 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 8,255 shares, the days-to-cover ratio is currently 0.0 days.

SCI Engineered Materials Stock Down 0.5%

Shares of SCI Engineered Materials stock traded down $0.04 on Tuesday, reaching $7.51. 10,269 shares of the stock were exchanged, compared to its average volume of 11,644. SCI Engineered Materials has a twelve month low of $3.80 and a twelve month high of $8.99. The firm has a market capitalization of $33.42 million, a price-to-earnings ratio of 18.32 and a beta of 1.08. The business has a 50 day moving average price of $6.49 and a two-hundred day moving average price of $5.68.

SCI Engineered Materials (OTCMKTS:SCIA) last released its earnings results on Friday, May 1st. The company reported $0.10 EPS for the quarter. SCI Engineered Materials had a return on equity of 13.46% and a net margin of 7.82%.The firm had revenue of $8.16 million during the quarter.

About SCI Engineered Materials

SCI Engineered Materials, Inc engages in the manufacture and supply of materials for physical vapor deposition thin film applications in the United States. It offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, thin film solar, flat panel displays, defense, aerospace, and photonics industries. The company’s materials are used to produce nano layers of metals and oxides for advanced material systems; and in applying decorative coatings for end uses, such as sink faucets to produce various electronic, photonic, and semiconductor products.