SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Update

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,179 shares, a decrease of 71.8% from the August 15th total of 4,187 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 11,780 shares, the days-to-cover ratio is presently 0.1 days.

SCI Engineered Materials Stock Performance

OTCMKTS SCIA traded down $0.16 during trading on Friday, reaching $8.86. 181 shares of the company’s stock were exchanged, compared to its average volume of 5,087. The company has a 50 day moving average price of $8.31 and a two-hundred day moving average price of $6.98. The stock has a market cap of $39.43 million, a P/E ratio of 15.02 and a beta of 1.06. SCI Engineered Materials has a 1 year low of $3.91 and a 1 year high of $9.60.

SCI Engineered Materials (OTCMKTS:SCIA) last issued its earnings results on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter. The business had revenue of $9.49 million for the quarter. SCI Engineered Materials had a return on equity of 18.52% and a net margin of 8.97%.

SCI Engineered Materials Company Profile

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.