SCI Engineered Materials Inc. (OTCMKTS:SCIA) Stock Short Interest Drops 48.3%

by · The Markets Daily

SCI Engineered Materials Inc. (OTCMKTS:SCIA – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 609 shares, a decline of 48.3% from the August 31st total of 1,179 shares. Based on an average daily volume of 5,977 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

SCI Engineered Materials Trading Down 1.1%

OTCMKTS SCIA opened at $8.80 on Thursday. The stock has a market cap of $39.16 million, a PE ratio of 14.92 and a beta of 1.06. SCI Engineered Materials has a twelve month low of $3.92 and a twelve month high of $9.60. The stock has a fifty day simple moving average of $8.85 and a 200-day simple moving average of $7.35.

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

SCI Engineered Materials Company Profile

(Get Free Report)

SCI Engineered Materials, Inc develops, manufactures and supplies specialty materials and related components used in physical vapor deposition and other thin-film coating processes. Its products include sputtering targets, evaporation materials, backing plates and target assemblies designed for use in industrial and research coating systems.

The company’s materials and services support applications in markets such as solar energy, architectural and automotive glass, electronics, semiconductor manufacturing, flat-panel displays and optics.

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