SCI Engineered Materials Inc. (OTCMKTS:SCIA) Short Interest Update

SCI Engineered Materials Inc. (OTCMKTS:SCIA) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 401 shares, a drop of 93.1% from the June 30th total of 5,787 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 23,652 shares, the short-interest ratio is currently 0.0 days.

SCI Engineered Materials Price Performance

Shares of SCIA traded down $0.14 on Friday, reaching $7.10. The company’s stock had a trading volume of 1,150 shares, compared to its average volume of 11,619. The stock’s 50 day simple moving average is $7.47 and its two-hundred day simple moving average is $6.17. The stock has a market capitalization of $31.59 million, a P/E ratio of 17.32 and a beta of 1.11. SCI Engineered Materials has a 12-month low of $3.80 and a 12-month high of $8.99.

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

About SCI Engineered Materials

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.