Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Significant Growth in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,300 shares, an increase of 550.0% from the January 31st total of 200 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 0.3 days.

Tel-Instrument Electronics Price Performance

OTCMKTS:TIKK opened at $3.04 on Friday. The firm has a 50-day moving average of $3.00 and a two-hundred day moving average of $2.81. The stock has a market cap of $9.90 million, a P/E ratio of -7.79 and a beta of 0.50. Tel-Instrument Electronics has a 1-year low of $1.60 and a 1-year high of $3.37.

Tel-Instrument Electronics (OTCMKTS:TIKK) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($0.17) earnings per share for the quarter. The firm had revenue of $2.97 million during the quarter. Tel-Instrument Electronics had a negative net margin of 9.22% and a negative return on equity of 105.05%.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.