Short Interest in SCI Engineered Materials, Inc. (OTCMKTS:SCIA) Decreases By 33.3%

SCI Engineered Materials, Inc. (OTCMKTS:SCIA) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 200 shares, a decline of 33.3% from the May 15th total of 300 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

SCI Engineered Materials Trading Up 1.0%

OTCMKTS:SCIA traded up $0.04 during midday trading on Tuesday, hitting $4.25. 5,640 shares of the company traded hands, compared to its average volume of 3,227. The firm has a market capitalization of $19.46 million, a P/E ratio of 10.37 and a beta of 0.74. The firm’s fifty day moving average is $4.39 and its 200-day moving average is $4.60. SCI Engineered Materials has a 12-month low of $4.18 and a 12-month high of $6.69.

SCI Engineered Materials (OTCMKTS:SCIA) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.07 EPS for the quarter. The company had revenue of $3.50 million for the quarter. SCI Engineered Materials had a net margin of 8.14% and a return on equity of 15.20%.

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.