SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Up 1,544.0% in June

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,787 shares, an increase of 1,544.0% from the June 15th total of 352 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 30,889 shares, the short-interest ratio is currently 0.2 days.

SCI Engineered Materials Stock Performance

Shares of OTCMKTS:SCIA traded down $0.11 during trading on Friday, reaching $6.79. 13,175 shares of the stock traded hands, compared to its average volume of 11,698. The stock has a market cap of $30.22 million, a P/E ratio of 16.56 and a beta of 1.11. The stock has a 50-day moving average of $7.63 and a two-hundred day moving average of $6.06. SCI Engineered Materials has a 52-week low of $3.80 and a 52-week high of $8.99.

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

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.