SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Down 71.8% in August

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

SCI Engineered Materials Trading Down 1.8%

OTCMKTS:SCIA opened at $8.86 on Friday. The stock has a 50 day moving average of $8.31 and a 200-day moving average of $6.98. The firm has a market capitalization of $39.43 million, a PE ratio of 15.02 and a beta of 1.06. SCI Engineered Materials has a 52 week low of $3.91 and a 52 week high of $9.60.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) 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%.

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.