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

Encision Inc. (OTCMKTS:ECIA) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 22,520 shares, an increase of 152.5% from the April 15th total of 8,919 shares. Based on an average daily 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 sold short.

Encision Stock Performance

Shares of OTCMKTS:ECIA remained flat at $0.20 during trading on Friday. Encision has a 12 month low of $0.10 and a 12 month high of $0.42. The firm has a market capitalization of $3.39 million, a P/E 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. The business has a 50-day moving average of $0.16 and a 200-day moving average of $0.17.

About Encision

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.