SCI Engineered Materials Inc. (OTCMKTS:SCIA) Sees Significant Increase in Short Interest

SCI Engineered Materials Inc. (OTCMKTS:SCIA – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,162 shares, an increase of 255.0% from the September 15th total of 609 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,829 shares, the short-interest ratio is presently 0.3 days.

SCI Engineered Materials Price Performance

SCIA stock traded down $0.22 during trading hours on Friday, reaching $8.90. 2,951 shares of the stock were exchanged, compared to its average volume of 3,366. The firm’s 50-day moving average is $9.01 and its 200-day moving average is $7.54. The company has a market cap of $39.60 million, a price-to-earnings ratio of 15.09 and a beta of 1.15. SCI Engineered Materials has a 12 month low of $3.92 and a 12 month high of $9.60.

SCI Engineered Materials (OTCMKTS:SCIA – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.26 EPS for the quarter. SCI Engineered Materials had a return on equity of 18.52% and a net margin of 8.97%. The company had revenue of $9.49 million for the quarter.

SCI Engineered Materials Company Profile

(Get Free Report)

SCI Engineered Materials, Inc (OTCMKTS: SCIA) develops and manufactures advanced materials, components and related products used in thin-film deposition and coating processes. Its offerings are designed for applications that require precisely engineered films and surfaces.

The company’s products include sputtering targets, evaporation materials, backing plates and other deposition components. These materials and services support industries such as solar energy, display technology, semiconductors, optical coatings, architectural glass and other electronics-related applications.

SCI Engineered Materials is based in Columbus, Ohio, and serves customers involved in research, development and commercial manufacturing.

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