CEA Industries Inc. (NASDAQ:CEAD) Sees Significant Decrease in Short Interest

CEA Industries Inc. (NASDAQ:CEAD) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totalling 5,700 shares, a decline of 13.6% from the August 31st total of 6,600 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 1.0 days.

CEA Industries Stock Performance

Shares of NASDAQ:CEAD traded down $0.12 during trading on Monday, reaching $7.13. The company had a trading volume of 6,177 shares, compared to its average volume of 7,072. The firm’s fifty day moving average is $6.84 and its 200 day moving average is $7.24. The firm has a market capitalization of $4.88 million, a PE ratio of -1.41 and a beta of 1.06. CEA Industries has a twelve month low of $5.22 and a twelve month high of $11.04.

CEA Industries (NASDAQ:CEAD) last issued its earnings results on Wednesday, August 14th. The company reported ($0.66) 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 for 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.