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

Environmental Tectonics Corp. (OTCMKTS:ETCC) saw a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,600 shares, anincreaseof2,500.0% from the July 31st total of 100 shares. Based on an average daily volume of 27,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 27,300 shares, the short-interest ratio is currently 0.1 days.

Environmental Tectonics Stock Up 7.5%

Shares of ETCC stock traded up $0.07 on Tuesday, hitting $1.07. The stock had a trading volume of 9,902 shares, compared to its average volume of 16,516. The business has a 50 day moving average of $1.19 and a 200 day moving average of $1.49. The stock has a market cap of $10.25 million, a price-to-earnings ratio of 1.43 and a beta of 0.43. The company has a debt-to-equity ratio of 6.56, a current ratio of 1.80 and a quick ratio of 1.72. Environmental Tectonics has a 12-month low of $0.95 and a 12-month high of $2.99.

Environmental Tectonics (OTCMKTS:ETCC) last announced its earnings results on Friday, July 11th. The aerospace company reported $0.07 EPS for the quarter. The company had revenue of $17.60 million during the quarter. Environmental Tectonics had a net margin of 19.38% and a negative return on equity of 257.02%.

Environmental Tectonics Company Profile

Environmental Tectonics Corporation, together with its subsidiaries, operates as an engineered solutions company in the United States and internationally. It operates in two segments, Aerospace Solutions (Aerospace) and Commercial/Industrial Systems (CIS). The Aerospace segment engages in the design, manufacture, and sale of aircrew training systems to commercial, governmental, and military defense agencies; training devices, including altitude and multiplace chambers to governmental and military defense agencies, and civil aviation organizations; and advanced disaster management simulators to governmental organizations, original equipment manufacturers, fire and emergency training schools, universities, and airports, as well as provides integrated logistics support services.