Environmental Tectonics Co. (OTCMKTS:ETCC) Sees Significant Decline in Short Interest

Environmental Tectonics Co. (OTCMKTS:ETCC) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 1,300 shares, a decline of 82.7% from the June 30th total of 7,500 shares. Based on an average daily volume of 74,300 shares, the short-interest ratio is currently 0.0 days.

Environmental Tectonics Stock Performance

OTCMKTS:ETCC traded down $0.04 during mid-day trading on Thursday, hitting $1.92. 4,802 shares of the company traded hands, compared to its average volume of 20,611. The stock’s fifty day moving average price is $1.57 and its 200-day moving average price is $1.06. Environmental Tectonics has a one year low of $0.55 and a one year high of $2.35.

Environmental Tectonics (OTCMKTS:ETCC) last released its quarterly earnings results on Friday, June 7th. The aerospace company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $16.41 million during the quarter. Environmental Tectonics had a negative return on equity of 29.34% and a net margin of 8.64%.

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.