SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Update

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the target of a large decline in short interest in 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 company are sold short. Based on an average daily volume of 23,652 shares, the days-to-cover ratio is presently 0.0 days.

SCI Engineered Materials Price Performance

Shares of OTCMKTS:SCIA traded down $0.14 during trading on Friday, hitting $7.10. The company’s stock had a trading volume of 1,150 shares, compared to its average volume of 11,619. The company has a 50-day moving average of $7.47 and a 200-day moving average of $6.17. The firm has a market cap of $31.59 million, a price-to-earnings ratio of 17.32 and a beta of 1.11. SCI Engineered Materials has a 12 month low of $3.80 and a 12 month high of $8.99.

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