CEA Industries Inc. (NASDAQ:CEAD) Short Interest Update

CEA Industries Inc. (NASDAQ:CEAD) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 12,600 shares, a growth of 41.6% from the September 30th total of 8,900 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.9% of the company’s stock are sold short.

CEA Industries Stock Down 0.4 %

Shares of CEAD traded down $0.02 during mid-day trading on Tuesday, reaching $6.78. 14,158 shares of the stock traded hands, compared to its average volume of 7,154. CEA Industries has a 12-month low of $5.22 and a 12-month high of $11.04. The firm has a market cap of $5.36 million, a price-to-earnings ratio of -1.54 and a beta of 1.06. The stock has a fifty day simple moving average of $6.91 and a 200 day simple moving average of $7.25.

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

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.