Scientific Industries Inc. (OTCMKTS:SCND) Short Interest Update

Scientific Industries Inc. (OTCMKTS:SCND) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totalling 900 shares, a drop of 25.0% from the June 30th total of 1,200 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.5 days.

Scientific Industries Price Performance

Scientific Industries stock opened at $0.52 on Thursday. The stock has a market capitalization of $6.00 million, a price-to-earnings ratio of -0.91 and a beta of 0.31. Scientific Industries has a 1-year low of $0.42 and a 1-year high of $2.25. The business has a fifty day moving average price of $0.70 and a 200-day moving average price of $0.88.

Scientific Industries (OTCMKTS:SCND) last issued its quarterly earnings results on Tuesday, May 13th. The company reported ($0.16) EPS for the quarter. Scientific Industries had a negative return on equity of 62.51% and a negative net margin of 58.04%. The firm had revenue of $2.41 million for the quarter.

About Scientific Industries

Scientific Industries, Inc engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems in the United States, Germany, and internationally. It offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high-speed touch mixers, mixers with an integral timer, cell disruptors, bead beaters, microplate mixers, vortex mixers, two large capacity multi-vessel vortex mixers, and orbital shakers.