Short Interest in Environmental Tectonics Co. (OTCMKTS:ETCC) Declines By 96.6%

Environmental Tectonics Co. (OTCMKTS:ETCC) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 96.6% from the February 13th total of 2,900 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 23,800 shares, the short-interest ratio is currently 0.0 days.

Environmental Tectonics Price Performance

OTCMKTS ETCC opened at $2.00 on Thursday. The business’s 50-day simple moving average is $2.38 and its 200-day simple moving average is $2.04. The firm has a market capitalization of $18.92 million, a P/E ratio of 4.17 and a beta of 0.33. Environmental Tectonics has a 1-year low of $0.72 and a 1-year high of $2.99.

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 net margin of 13.74% and a negative return on equity of 98.37%.

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.