Short Interest in SCI Engineered Materials, Inc. (OTCMKTS:SCIA) Declines By 92.9%

SCI Engineered Materials, Inc. (OTCMKTS:SCIA) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline of 92.9% from the November 30th total of 1,400 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 0.0 days.

SCI Engineered Materials Stock Down 1.6 %

OTCMKTS:SCIA traded down $0.08 during trading hours on Friday, hitting $4.63. 250 shares of the stock were exchanged, compared to its average volume of 2,843. The company has a market capitalization of $21.13 million, a P/E ratio of 10.51 and a beta of 0.90. SCI Engineered Materials has a twelve month low of $4.50 and a twelve month high of $6.69. The company’s 50 day moving average is $4.89 and its two-hundred day moving average is $5.23.

SCI Engineered Materials (OTCMKTS:SCIA) last released its quarterly earnings data on Friday, November 1st. The company reported $0.08 EPS for the quarter. The business had revenue of $3.88 million during the quarter. SCI Engineered Materials had a return on equity of 16.98% and a net margin of 8.04%.

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.