Environmental Tectonics Corp. (OTCMKTS:ETCC) Sees Large Growth in Short Interest

Environmental Tectonics Corp. (OTCMKTS:ETCC – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 7,412 shares, an increase of 422.0% from the August 31st total of 1,420 shares. Based on an average daily trading volume, of 27,699 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are short sold.

Environmental Tectonics Price Performance

Shares of ETCC stock opened at $1.76 on Friday. The company has a debt-to-equity ratio of 3.08, a quick ratio of 1.62 and a current ratio of 1.66. Environmental Tectonics has a fifty-two week low of $0.68 and a fifty-two week high of $2.00. The firm has a market cap of $16.86 million, a P/E ratio of 19.56 and a beta of 1.12. The business’s 50 day moving average price is $1.64 and its 200-day moving average price is $1.42.

Environmental Tectonics (OTCMKTS:ETCC – Get Free Report) last announced its earnings results on Wednesday, July 15th. The aerospace company reported $0.01 EPS for the quarter. Environmental Tectonics had a return on equity of 51.01% and a net margin of 3.23%.The company had revenue of $16.19 million during the quarter.

About Environmental Tectonics

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Environmental Tectonics Corporation (OTCMKTS: ETCC) is a technology and manufacturing company that has historically developed specialized systems for aerospace, defense, medical, and public-safety applications. Its products have included flight and aircrew training simulators, spatial-disorientation and motion systems, altitude and environmental chambers, and other equipment used to support training and human-performance research.

The company has also provided simulation and training solutions for medical and emergency-response organizations.

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