SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Down 93.1% in July

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 401 shares, a decline of 93.1% from the June 30th total of 5,787 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 23,652 shares, the short-interest ratio is presently 0.0 days.

SCI Engineered Materials Stock Performance

OTCMKTS:SCIA opened at $7.10 on Friday. SCI Engineered Materials has a one year low of $3.80 and a one year high of $8.99. The stock has a market cap of $31.59 million, a PE ratio of 17.32 and a beta of 1.11. The stock has a 50 day moving average price of $7.47 and a 200 day moving average price of $6.17.

SCI Engineered Materials (OTCMKTS:SCIA) last released 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 for the quarter. SCI Engineered Materials had a return on equity of 13.46% and a net margin of 7.82%.

About SCI Engineered Materials

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.