Strong Global Entertainment, Inc. (NYSEAMERICAN:SGE) Sees Large Drop in Short Interest

Strong Global Entertainment, Inc. (NYSEAMERICAN:SGE) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 20,700 shares, a decrease of 18.2% from the August 31st total of 25,300 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 53,500 shares, the days-to-cover ratio is currently 0.4 days.

Strong Global Entertainment Stock Down 2.5 %

Shares of NYSEAMERICAN SGE traded down $0.04 during midday trading on Friday, reaching $1.55. 5,470 shares of the stock were exchanged, compared to its average volume of 456,907. The company has a current ratio of 1.37, a quick ratio of 1.22 and a debt-to-equity ratio of 0.14. Strong Global Entertainment has a 52-week low of $1.02 and a 52-week high of $3.25.

Strong Global Entertainment (NYSEAMERICAN:SGE) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.09) EPS for the quarter. Strong Global Entertainment had a negative net margin of 5.62% and a positive return on equity of 38.86%. The business had revenue of $8.12 million during the quarter.

About Strong Global Entertainment

Strong Global Entertainment, Inc manufactures and distributes large format projection screens and custom screen support structures in North America, South America, Europe, Asia, and internationally. It offers eclipse curvilinear screens for use in theme parks, immersive exhibitions, and military simulation applications.