Environmental Tectonics Co. (OTCMKTS:ETCC) Sees Large Decrease in Short Interest

Environmental Tectonics Co. (OTCMKTS:ETCC) was the target 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 short-interest ratio is currently 0.1 days.

Environmental Tectonics Trading Up 6.7 %

ETCC traded up $0.16 on Monday, hitting $2.55. 30,349 shares of the stock traded hands, compared to its average volume of 45,493. The business has a fifty day moving average price of $1.94 and a two-hundred day moving average price of $1.89. Environmental Tectonics has a 52 week low of $0.63 and a 52 week high of $2.80. The firm has a market capitalization of $24.11 million, a PE ratio of 7.08 and a beta of 0.31.

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

Environmental Tectonics Company Profile

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.