CEA Industries Inc. (NASDAQ:CEAD) Short Interest Up 56.1% in September

CEA Industries Inc. (NASDAQ:CEAD) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 8,900 shares, a growth of 56.1% from the September 15th total of 5,700 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.3% of the shares of the company are sold short.

CEA Industries Stock Up 4.1 %

Shares of NASDAQ CEAD traded up $0.27 during midday trading on Friday, hitting $6.98. 9,411 shares of the company’s stock were exchanged, compared to its average volume of 9,150. CEA Industries has a 12 month low of $5.22 and a 12 month high of $11.04. The company’s 50 day moving average price is $6.84 and its 200 day moving average price is $7.23. The firm has a market capitalization of $5.51 million, a PE ratio of -1.51 and a beta of 1.06.

CEA Industries (NASDAQ:CEAD) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.66) earnings per share (EPS) for the quarter. The firm had revenue of $1.76 million during the quarter. CEA Industries had a negative net margin of 100.41% and a negative return on equity of 26.52%.

CEA Industries Company Profile

CEA Industries Inc provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.