SCI Engineered Materials Inc. (OTCMKTS:SCIA) Sees Large Growth in Short Interest

SCI Engineered Materials Inc. (OTCMKTS:SCIA) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 352 shares, an increase of 252.0% from the May 31st total of 100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 8,554 shares, the days-to-cover ratio is currently 0.0 days.

SCI Engineered Materials Price Performance

Shares of OTCMKTS:SCIA opened at $7.00 on Friday. SCI Engineered Materials has a 1-year low of $3.80 and a 1-year high of $8.99. The company has a market capitalization of $31.15 million, a P/E ratio of 17.07 and a beta of 1.08. The firm’s 50 day simple moving average is $7.25 and its two-hundred day simple moving average is $5.94.

SCI Engineered Materials (OTCMKTS:SCIA) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter. The firm 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.