CEA Industries Inc. (NASDAQ:CEAD) Sees Large Growth in Short Interest

CEA Industries Inc. (NASDAQ:CEAD) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 9,600 shares, an increase of 1,100.0% from the November 30th total of 800 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,500 shares, the short-interest ratio is presently 0.8 days.

CEA Industries Price Performance

NASDAQ:CEAD traded down $0.05 during trading hours on Thursday, reaching $8.00. 2,981 shares of the company were exchanged, compared to its average volume of 8,457. The business has a 50 day moving average of $7.06 and a 200 day moving average of $6.91. CEA Industries has a 1-year low of $5.60 and a 1-year high of $11.04. The company has a market capitalization of $6.34 million, a P/E ratio of -1.83 and a beta of 1.03.

About CEA Industries

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.