CEA Industries Inc. (NASDAQ:CEAD) Short Interest Up 41.6% in October

CEA Industries Inc. (NASDAQ:CEAD) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 12,600 shares, a growth of 41.6% from the September 30th total of 8,900 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.9% of the shares of the company are sold short.

CEA Industries Price Performance

Shares of CEAD traded down $0.02 during mid-day trading on Tuesday, hitting $6.78. The stock had a trading volume of 14,158 shares, compared to its average volume of 7,154. CEA Industries has a 52 week low of $5.22 and a 52 week high of $11.04. The business has a fifty day moving average price of $6.91 and a 200-day moving average price of $7.25. The firm has a market cap of $5.36 million, a P/E ratio of -1.47 and a beta of 1.06.

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

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.