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

CEA Industries Inc. (NASDAQ:CEAD) saw a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 5,000 shares, a decrease of 60.3% from the October 15th total of 12,600 shares. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is currently 0.6 days. Approximately 0.7% of the shares of the stock are short sold.

CEA Industries Price Performance

Shares of NASDAQ:CEAD traded down $0.20 during trading on Friday, hitting $6.68. The company had a trading volume of 5,123 shares, compared to its average volume of 7,309. CEA Industries has a one year low of $5.22 and a one year high of $11.04. The company has a fifty day simple moving average of $6.89 and a two-hundred day simple moving average of $7.17.

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

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.