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

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 1 shares, a drop of 99.9% from the April 30th total of 1,941 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 90,154 shares, the days-to-cover ratio is presently 0.0 days.

SCI Engineered Materials Stock Performance

Shares of OTCMKTS SCIA traded down $0.09 during trading on Thursday, reaching $8.30. The company had a trading volume of 1,029 shares, compared to its average volume of 12,219. SCI Engineered Materials has a 52 week low of $3.80 and a 52 week high of $8.99. The business’s 50 day moving average price is $5.90 and its 200-day moving average price is $5.49. The stock has a market cap of $36.94 million, a PE ratio of 20.24 and a beta of 0.90.

SCI Engineered Materials (OTCMKTS:SCIA) last released its quarterly earnings results on Friday, May 1st. The company reported $0.10 EPS for the quarter. SCI Engineered Materials had a net margin of 7.82% and a return on equity of 13.46%. The business had revenue of $8.16 million for the quarter.

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. 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.