CEA Industries Inc. (NASDAQ:CEAD) Short Interest Up 900.0% in June

CEA Industries Inc. (NASDAQ:CEAD) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 7,000 shares, a growth of 900.0% from the May 31st total of 700 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 0.6 days.

CEA Industries Stock Performance

Shares of CEAD stock opened at $6.71 on Friday. The firm has a 50 day moving average price of $7.97 and a two-hundred day moving average price of $7.08. CEA Industries has a 12-month low of $5.22 and a 12-month high of $11.04.

CEA Industries (NASDAQ:CEAD) last issued its quarterly earnings data on Tuesday, May 14th. The company reported ($1.32) earnings per share (EPS) for the quarter. The company had revenue of $0.24 million for the quarter. CEA Industries had a negative return on equity of 26.68% and a negative net margin of 137.91%.

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.