Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Decline in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant decrease in short interest in August. As of August 15th, there was short interest totalling 200 shares, a decrease of 33.3% from the July 31st total of 300 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is currently 0.0 days.

Tel-Instrument Electronics Price Performance

OTCMKTS:TIKK remained flat at $2.65 during mid-day trading on Friday. The company had a trading volume of 1,600 shares, compared to its average volume of 2,446. Tel-Instrument Electronics has a 12-month low of $1.60 and a 12-month high of $2.98. The company has a 50-day moving average of $2.25 and a 200 day moving average of $2.04.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.02) EPS for the quarter. Tel-Instrument Electronics had a net margin of 1.01% and a return on equity of 17.90%. The business had revenue of $2.84 million during the quarter.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates in two segments, Avionics Government and Avionics Commercial.