CEA Industries Inc. (NASDAQ:CEAD) Sees Significant Decline in Short Interest

CEA Industries Inc. (NASDAQ:CEAD) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 5,700 shares, a drop of 13.6% from the August 31st total of 6,600 shares. Based on an average daily trading volume, of 5,900 shares, the short-interest ratio is currently 1.0 days. Currently, 0.9% of the shares of the stock are sold short.

CEA Industries Stock Up 1.1 %

CEAD traded up $0.08 during trading on Friday, reaching $7.25. The company’s stock had a trading volume of 8,120 shares, compared to its average volume of 7,077. The company has a market cap of $5.73 million, a price-to-earnings ratio of -1.44 and a beta of 1.06. The firm has a fifty day simple moving average of $6.83 and a two-hundred day simple moving average of $7.23. CEA Industries has a 1 year low of $5.22 and a 1 year high of $11.04.

CEA Industries (NASDAQ:CEAD) last announced its earnings results on Wednesday, August 14th. The company reported ($0.66) earnings per share (EPS) for the quarter. The firm had revenue of $1.76 million during the quarter. CEA Industries had a negative net margin of 100.41% and a negative return on equity of 26.52%.

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.