Scientific Industries Inc. (OTCMKTS:SCND) Short Interest Update

Scientific Industries Inc. (OTCMKTS:SCND) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 94 shares, an increase of ∞ from the May 14th total of 0 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 891 shares, the days-to-cover ratio is presently 0.1 days.

Scientific Industries Stock Performance

Shares of OTCMKTS:SCND opened at $0.75 on Monday. Scientific Industries has a 52-week low of $0.30 and a 52-week high of $0.98. The company has a market capitalization of $8.89 million, a P/E ratio of -2.66 and a beta of 0.28. The company has a 50-day simple moving average of $0.72 and a 200 day simple moving average of $0.66.

Scientific Industries (OTCMKTS:SCND) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.14. The firm had revenue of $1.23 million for the quarter, compared to analyst estimates of $2.20 million. Scientific Industries had a negative return on equity of 54.47% and a negative net margin of 19.29%.

Scientific Industries Company Profile

Scientific Industries, Inc (OTCMKTS:SCND) is a manufacturer and distributor of laboratory equipment and life science research tools. The company specializes in the design, development and production of sample mixing and handling instruments, including vortex mixers, tube shakers, decappers and digital homogenizers. These products are employed across a range of settings such as academic research laboratories, pharmaceutical and biotechnology firms, clinical diagnostic centers and industrial quality-control facilities.

Since its inception in the mid-20th century, Scientific Industries has focused on durability, precision and user-friendly design in its portfolio.