CEA Industries Inc. (NASDAQ:CEAD) Sees Large Increase in Short Interest

CEA Industries Inc. (NASDAQ:CEAD) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 9,600 shares, a growth of 1,100.0% from the November 30th total of 800 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average trading volume of 12,500 shares, the days-to-cover ratio is currently 0.8 days.

CEA Industries Price Performance

NASDAQ:CEAD opened at $8.00 on Friday. CEA Industries has a 1-year low of $5.60 and a 1-year high of $11.04. The firm has a market cap of $6.34 million, a PE ratio of -1.83 and a beta of 1.03. The company has a 50-day moving average of $7.06 and a 200 day moving average of $6.91.

CEA Industries Company Profile

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.