Short Interest in Environmental Tectonics Co. (OTCMKTS:ETCC) Increases By 446.7%

Environmental Tectonics Co. (OTCMKTS:ETCC) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 8,200 shares, a growth of 446.7% from the May 31st total of 1,500 shares. Based on an average daily volume of 130,200 shares, the short-interest ratio is presently 0.1 days.

Environmental Tectonics Stock Up 2.6 %

ETCC opened at $1.95 on Friday. The business has a 50 day simple moving average of $1.15 and a two-hundred day simple moving average of $0.89. Environmental Tectonics has a one year low of $0.55 and a one year high of $2.00.

Environmental Tectonics (OTCMKTS:ETCC) last released its quarterly earnings results on Friday, June 7th. The aerospace company reported $0.17 EPS for the quarter. The business had revenue of $16.41 million during the quarter. Environmental Tectonics had a negative return on equity of 12.72% and a net margin of 4.20%.

About Environmental Tectonics

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.