Encision Inc. (OTCMKTS:ECIA) Short Interest Down 81.0% in August

Encision Inc. (OTCMKTS:ECIAGet Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 3,430 shares, a drop of 81.0% from the August 15th total of 18,020 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,547 shares, the short-interest ratio is currently 0.4 days.

Encision Stock Performance

OTCMKTS:ECIA opened at $0.04 on Friday. The stock has a market capitalization of $685,328.00, a P/E ratio of -1.35 and a beta of -7.58. The company has a current ratio of 1.74, a quick ratio of 0.69 and a debt-to-equity ratio of 0.10. Encision has a 1 year low of $0.00 and a 1 year high of $0.39. The firm has a 50 day moving average of $0.06 and a 200-day moving average of $0.09.

Encision Company Profile

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Encision, Inc is a U.S.-based medical device company specializing in the development and commercialization of safety solutions for electrosurgery. Founded in the early 1990s, the company’s core mission is to reduce the risk of unintended thermal injuries during surgical procedures by controlling stray electrical current. Encision’s operations focus on research, design, and manufacturing of proprietary instruments and monitoring systems that integrate seamlessly with existing surgical equipment.

At the heart of Encision’s product offering is its Active Electrode Monitoring (AEM) platform.

Further Reading

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