Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Update

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 300 shares, a decline of 66.7% from the June 30th total of 900 shares. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is currently 0.1 days.

Tel-Instrument Electronics Price Performance

Shares of OTCMKTS:TIKK opened at $2.33 on Friday. The company’s 50-day moving average is $2.01 and its 200 day moving average is $1.98. Tel-Instrument Electronics has a fifty-two week low of $1.60 and a fifty-two week high of $2.45.

Tel-Instrument Electronics (OTCMKTS:TIKK) last announced its quarterly earnings data on Friday, June 28th. The company reported $0.08 earnings per share (EPS) for the quarter. Tel-Instrument Electronics had a return on equity of 58.26% and a net margin of 3.88%. The business had revenue of $1.97 million for the quarter.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates in two segments, Avionics Government and Avionics Commercial.