Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Down 33.3% in August

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totalling 200 shares, a decline of 33.3% from the July 31st total of 300 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is currently 0.0 days.

Tel-Instrument Electronics Price Performance

OTCMKTS TIKK opened at $2.65 on Friday. The company’s fifty day simple moving average is $2.25 and its 200-day simple moving average is $2.04. Tel-Instrument Electronics has a 52 week low of $1.60 and a 52 week high of $2.98.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $2.84 million for the quarter. Tel-Instrument Electronics had a return on equity of 17.90% and a net margin of 1.01%.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. designs, manufactures, and sells 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 in two segments, Avionics Government and Avionics Commercial.