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

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 609 shares, a decrease of 48.3% from the August 31st total of 1,179 shares. Based on an average daily trading volume, of 5,977 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 Stock Performance

SCIA remained flat at $8.90 on Wednesday. 399 shares of the company traded hands, compared to its average volume of 3,327. The firm has a market capitalization of $39.60 million, a price-to-earnings ratio of 15.09 and a beta of 1.06. SCI Engineered Materials has a 52-week low of $3.92 and a 52-week high of $9.60. The company’s fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $7.32.

SCI Engineered Materials (OTCMKTS:SCIA) last issued its earnings results on Thursday, July 30th. The company reported $0.26 EPS for the quarter. The company had revenue of $9.49 million during 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 develops, manufactures and supplies specialty materials and related components used in physical vapor deposition and other thin-film coating processes. Its products include sputtering targets, evaporation materials, backing plates and target assemblies designed for use in industrial and research coating systems.

The company’s materials and services support applications in markets such as solar energy, architectural and automotive glass, electronics, semiconductor manufacturing, flat-panel displays and optics.