Environmental Tectonics Corp. (OTCMKTS:ETCC) Sees Significant Growth in Short Interest

Environmental Tectonics Corp. (OTCMKTS:ETCC) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 316 shares, an increase of 2,157.1% from the September 30th total of 14 shares. Based on an average daily trading volume, of 15,166 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Environmental Tectonics Stock Down 5.6%

Shares of OTCMKTS:ETCC traded down $0.10 during trading on Monday, reaching $1.71. 24,350 shares of the company traded hands, compared to its average volume of 18,916. The firm has a fifty day simple moving average of $1.73 and a 200 day simple moving average of $1.57. The company has a quick ratio of 1.57, a current ratio of 1.60 and a debt-to-equity ratio of 2.59. Environmental Tectonics has a 1-year low of $0.68 and a 1-year high of $2.00. The firm has a market cap of $16.36 million, a P/E ratio of 34.17 and a beta of 1.15.

Environmental Tectonics (OTCMKTS:ETCC) last posted its quarterly earnings results on Monday, October 19th. The aerospace company reported $0.06 earnings per share for the quarter. The company had revenue of $18.32 million during the quarter. Environmental Tectonics had a return on equity of 41.78% and a net margin of 2.13%.

Environmental Tectonics Company Profile

Environmental Tectonics Corporation (OTCMKTS: ETCC) is a Pennsylvania-based technology and engineering company that develops specialized training and simulation systems for aerospace, defense, and other safety-critical applications. Its products are designed to help pilots, aircrew, medical personnel, and other operators prepare for demanding operating conditions in controlled environments.

The company’s aerospace and defense offerings have included flight and aircrew training systems, spatial-disorientation trainers, altitude and hypobaric chambers, human centrifuges, and related motion or physiological simulation equipment.