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 October. As of October 31st, there was short interest totalling 5,000 shares, a decline 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 trading volume of 8,100 shares, the days-to-cover ratio is presently 0.6 days.

CEA Industries Stock Down 2.9 %

Shares of CEAD stock traded down $0.20 during mid-day trading on Friday, hitting $6.68. The company’s stock had a trading volume of 5,123 shares, compared to its average volume of 7,309. CEA Industries has a 52-week low of $5.22 and a 52-week high of $11.04. The business has a 50-day moving average price of $6.89 and a 200 day moving average price of $7.17.

CEA Industries (NASDAQ:CEAD) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.66) EPS for the quarter. The firm 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.