Encision Inc. (OTCMKTS:ECIA) Short Interest Up 152.5% in April

Encision Inc. (OTCMKTS:ECIA) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 22,520 shares, a growth of 152.5% from the April 15th total of 8,919 shares. Based on an average trading volume of 2,910 shares, the days-to-cover ratio is presently 7.7 days. Approximately 0.2% of the shares of the company are short sold.

Encision Price Performance

ECIA stock remained flat at $0.20 on Friday. Encision has a fifty-two week low of $0.10 and a fifty-two week high of $0.42. The firm has a 50 day moving average of $0.16 and a 200 day moving average of $0.17. The company has a market cap of $3.39 million, a price-to-earnings ratio of -6.70 and a beta of 1.32. The company has a current ratio of 2.28, a quick ratio of 0.91 and a debt-to-equity ratio of 0.09.

Encision Company Profile

Encision, Inc is a U.S.-based medical device company specializing in the development and commercialization of safety solutions for electrosurgery. Founded in the early 1990s, the company’s core mission is to reduce the risk of unintended thermal injuries during surgical procedures by controlling stray electrical current. Encision’s operations focus on research, design, and manufacturing of proprietary instruments and monitoring systems that integrate seamlessly with existing surgical equipment.

At the heart of Encision’s product offering is its Active Electrode Monitoring (AEM) platform.