Short Interest in Environmental Tectonics Co. (OTCMKTS:ETCC) Rises By 1,300.0%

Environmental Tectonics Co. (OTCMKTS:ETCC) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Environmental Tectonics Price Performance

ETCC traded down $0.10 during trading on Thursday, reaching $1.63. 10,078 shares of the stock traded hands, compared to its average volume of 22,863. Environmental Tectonics has a fifty-two week low of $0.72 and a fifty-two week high of $2.99. The stock’s 50-day simple moving average is $2.30 and its two-hundred day simple moving average is $2.04. The stock has a market cap of $15.42 million, a price-to-earnings ratio of 3.40 and a beta of 0.33.

Environmental Tectonics (OTCMKTS:ETCC) last announced its quarterly earnings results on Friday, January 10th. The aerospace company reported $0.14 EPS for the quarter. Environmental Tectonics had a negative return on equity of 98.37% and a net margin of 13.74%.

About Environmental Tectonics

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.