Short Interest in SCI Engineered Materials Inc. (OTCMKTS:SCIA) Expands By 252.0%

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 352 shares, a growth of 252.0% from the May 31st total of 100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 8,554 shares, the short-interest ratio is presently 0.0 days.

SCI Engineered Materials Stock Down 3.6%

Shares of OTCMKTS SCIA traded down $0.25 during trading on Monday, reaching $6.75. 19,421 shares of the company traded hands, compared to its average volume of 11,460. The firm has a 50 day simple moving average of $7.25 and a 200-day simple moving average of $5.95. SCI Engineered Materials has a 52-week low of $3.80 and a 52-week high of $8.99. The stock has a market capitalization of $30.04 million, a PE ratio of 16.46 and a beta of 1.08.

SCI Engineered Materials (OTCMKTS:SCIA) last released its quarterly earnings data on Friday, May 1st. The company reported $0.10 earnings per share for the quarter. SCI Engineered Materials had a net margin of 7.82% and a return on equity of 13.46%. The firm had revenue of $8.16 million during the quarter.

SCI Engineered Materials Company Profile

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.