SCI Engineered Materials Inc. (OTCMKTS:SCIA) Sees Large Increase in Short Interest

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

SCI Engineered Materials Stock Performance

SCIA stock opened at $7.51 on Thursday. SCI Engineered Materials has a one year low of $3.80 and a one year high of $8.99. The stock has a market capitalization of $33.42 million, a PE ratio of 18.32 and a beta of 1.08. The company has a fifty day moving average of $6.54 and a 200-day moving average of $5.70.

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 net margin of 7.82% and a return on equity of 13.46%. The company had revenue of $8.16 million during the quarter.

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.