Giga-tronics Incorporated (OTCMKTS:GIGA) Short Interest Update

Giga-tronics Incorporated (OTCMKTS:GIGAGet Rating) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 200 shares, a growth of 100.0% from the May 31st total of 100 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.1 days.

Shares of GIGA stock remained flat at $$1.10 during trading hours on Friday. The stock had a trading volume of 464 shares, compared to its average volume of 2,731. The company has a 50 day moving average price of $1.26 and a 200-day moving average price of $2.23. The company has a current ratio of 2.18, a quick ratio of 0.70 and a debt-to-equity ratio of 0.18. The firm has a market cap of $3.04 million, a PE ratio of -1.34 and a beta of 1.23. Giga-tronics has a 12 month low of $0.85 and a 12 month high of $4.27.

Giga-tronics Company Profile (Get Rating)

Giga-tronics Incorporated, together with its subsidiaries, develops and manufactures electronics equipment for military test and airborne operational applications in the United States and internationally. It operates through two segments, Microsource and the Giga-tronics Division. The company also develops microwave integrated components, as well as MIC components; Band Reject Filters for RADAR/EW (electronic warfare) for solving interference problems in RADAR/EW applications; self-protection systems for military aircrafts; and RADAR filters for military fighter jet aircraft.

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