Encision Inc. (OTCMKTS:ECIA) Short Interest Up 152.5% in April

Encision Inc. (OTCMKTS:ECIAGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 22,520 shares, a growth of 152.5% from the April 15th total of 8,919 shares. Based on an average trading volume of 2,910 shares, the short-interest ratio is currently 7.7 days. Approximately 0.2% of the shares of the company are sold short.

Encision Stock Performance

Shares of ECIA stock opened at $0.20 on Friday. Encision has a 1 year low of $0.10 and a 1 year high of $0.42. The firm has a fifty day moving average price of $0.16 and a 200-day moving average price of $0.17. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.28 and a quick ratio of 0.91. The company has a market cap of $3.39 million, a price-to-earnings ratio of -6.70 and a beta of 1.32.

Encision Company Profile

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Encision, Inc is a U.S.-based medical device company specializing in the development and commercialization of safety solutions for electrosurgery. Founded in the early 1990s, the company’s core mission is to reduce the risk of unintended thermal injuries during surgical procedures by controlling stray electrical current. Encision’s operations focus on research, design, and manufacturing of proprietary instruments and monitoring systems that integrate seamlessly with existing surgical equipment.

At the heart of Encision’s product offering is its Active Electrode Monitoring (AEM) platform.

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