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

CEA Industries Inc. (NASDAQ:CEAD) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 5,000 shares, a decrease of 60.3% from the October 15th total of 12,600 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is currently 0.6 days.

CEA Industries Stock Up 3.9 %

Shares of CEAD stock traded up $0.26 during trading on Thursday, reaching $6.88. 805 shares of the company’s stock were exchanged, compared to its average volume of 7,319. The stock has a market capitalization of $5.44 million, a PE ratio of -1.43 and a beta of 1.07. CEA Industries has a twelve month low of $5.22 and a twelve month high of $11.04. The firm’s fifty day moving average price is $6.89 and its 200-day moving average price is $7.17.

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

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.