TechPrecision Co. (NASDAQ:TPCS) Short Interest Update

TechPrecision Co. (NASDAQ:TPCS) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 8,600 shares, an increase of 109.8% from the May 31st total of 4,100 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 30,600 shares, the short-interest ratio is presently 0.3 days.

TechPrecision Stock Performance

Shares of TPCS traded down $0.12 during midday trading on Friday, hitting $3.57. The company had a trading volume of 8,805 shares, compared to its average volume of 23,029. TechPrecision has a 1 year low of $2.85 and a 1 year high of $7.73. The firm has a market capitalization of $31.34 million, a P/E ratio of -10.85 and a beta of 0.32. The company’s 50-day simple moving average is $4.04 and its 200-day simple moving average is $4.23.

About TechPrecision

TechPrecision Corporation, together with its subsidiaries, manufactures and sells precision, fabricated, and machined metal structural components and systems in the United States. The company operates through two segments, Ranor and Stadco. It provides custom components for ships, submarines, military helicopters, aerospace equipment, components for nuclear power plants, and components for medical systems.