Short Interest in SCI Engineered Materials Inc. (OTCMKTS:SCIA) Decreases By 51.9%

SCI Engineered Materials Inc. (OTCMKTS:SCIAGet Free Report) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 4,187 shares, a decline of 51.9% from the July 30th total of 8,701 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 15,088 shares, the short-interest ratio is presently 0.3 days.

SCI Engineered Materials Stock Up 0.1%

Shares of SCIA traded up $0.01 during trading hours on Monday, hitting $9.11. 1,002 shares of the company were exchanged, compared to its average volume of 11,140. SCI Engineered Materials has a fifty-two week low of $3.81 and a fifty-two week high of $9.60. The company has a market cap of $40.54 million, a price-to-earnings ratio of 15.44 and a beta of 1.08. The firm’s fifty day moving average is $7.92 and its 200 day moving average is $6.73.

SCI Engineered Materials (OTCMKTS:SCIAGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.26 earnings per share for the quarter. The business had revenue of $9.49 million during the quarter. SCI Engineered Materials had a net margin of 8.97% and a return on equity of 18.52%.

SCI Engineered Materials Company Profile

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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.

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