Environmental Tectonics Corp. (OTCMKTS:ETCC) Shares Shorted: Short Interest Up 422.0% in September

Environmental Tectonics Corp. (OTCMKTS:ETCC) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 7,412 shares, an increase of 422.0% from the August 31st total of 1,420 shares. Based on an average daily trading volume, of 27,699 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Environmental Tectonics Stock Performance

Shares of OTCMKTS:ETCC remained flat at $1.76 on Friday. The company has a 50-day simple moving average of $1.65 and a two-hundred day simple moving average of $1.42. The company has a market cap of $16.86 million, a P/E ratio of 19.56 and a beta of 1.12. Environmental Tectonics has a 1 year low of $0.68 and a 1 year high of $2.00. The company has a current ratio of 1.66, a quick ratio of 1.62 and a debt-to-equity ratio of 3.08.

Environmental Tectonics (OTCMKTS:ETCC) last issued its earnings results on Wednesday, July 15th. The aerospace company reported $0.01 earnings per share for the quarter. The business had revenue of $16.19 million for the quarter. Environmental Tectonics had a return on equity of 51.01% and a net margin of 3.23%.

Environmental Tectonics Company Profile

Environmental Tectonics Corporation (OTCMKTS: ETCC) is a technology and manufacturing company that has historically developed specialized systems for aerospace, defense, medical, and public-safety applications. Its products have included flight and aircrew training simulators, spatial-disorientation and motion systems, altitude and environmental chambers, and other equipment used to support training and human-performance research.

The company has also provided simulation and training solutions for medical and emergency-response organizations.