Short Interest in Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Declines By 15.8%

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,600 shares, a drop of 15.8% from the August 31st total of 1,900 shares. Based on an average daily trading volume, of 16,100 shares, the short-interest ratio is currently 0.1 days.

Tel-Instrument Electronics Trading Up 1.8 %

OTCMKTS TIKK opened at $2.90 on Friday. Tel-Instrument Electronics has a 12 month low of $1.60 and a 12 month high of $2.98. The stock has a 50-day simple moving average of $2.44 and a 200 day simple moving average of $2.11. The company has a market capitalization of $9.45 million, a PE ratio of -290,000.00 and a beta of 0.44.

Tel-Instrument Electronics (OTCMKTS:TIKK) last issued its quarterly earnings data 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 net margin of 1.01% and a return on equity of 17.90%.

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.