Environmental Tectonics Co. (OTCMKTS:ETCC) Short Interest Down 82.5% in December

by · The Markets Daily

Environmental Tectonics Co. (OTCMKTS:ETCC – Get Free Report) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 2,800 shares, a drop of 82.5% from the December 15th total of 16,000 shares. Based on an average trading volume of 19,900 shares, the days-to-cover ratio is presently 0.1 days.

Environmental Tectonics Stock Performance

Environmental Tectonics stock traded down $0.06 during trading on Tuesday, reaching $2.49. The company had a trading volume of 5,246 shares, compared to its average volume of 40,456. Environmental Tectonics has a 12-month low of $0.63 and a 12-month high of $2.80. The stock’s 50 day moving average price is $1.94 and its two-hundred day moving average price is $1.89. The firm has a market capitalization of $23.54 million, a price-to-earnings ratio of 6.92 and a beta of 0.31.

Environmental Tectonics (OTCMKTS:ETCC – Get Free Report) last issued its earnings results on Friday, January 10th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter. Environmental Tectonics had a negative return on equity of 57.87% and a net margin of 11.76%.

About Environmental Tectonics

(Get Free Report)

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.

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