Encision Inc. (OTCMKTS:ECIA) Short Interest Up 21.4% in August

Encision Inc. (OTCMKTS:ECIA) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totalling 6,800 shares, a growth of 21.4% from the July 31st total of 5,600 shares. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is presently 0.3 days.

Encision Price Performance

ECIA stock remained flat at $0.37 during trading on Friday. 65,500 shares of the company’s stock were exchanged, compared to its average volume of 13,674. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.99 and a quick ratio of 0.84. The stock has a market cap of $4.39 million, a P/E ratio of -9.25 and a beta of 0.58. The stock has a 50 day moving average price of $0.36 and a 200 day moving average price of $0.46. Encision has a twelve month low of $0.12 and a twelve month high of $0.75.

Encision (OTCMKTS:ECIA) last released its quarterly earnings data on Monday, July 15th. The medical device company reported ($0.03) EPS for the quarter. Encision had a negative return on equity of 34.84% and a negative net margin of 11.59%. The business had revenue of $1.53 million during the quarter.

Encision Company Profile

Encision Inc, a medical device company, designs, develops, manufactures, and markets patented surgical instruments in the United States. The company provides active electrode monitoring (AEM) surgical instruments and monitors that enhance patient safety and patient outcomes in laparoscopic surgical procedures.