Scientific Industries, Inc. (OTCMKTS:SCND) Sees Significant Increase in Short Interest

Scientific Industries, Inc. (OTCMKTS:SCND) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,800 shares, a growth of 500.0% from the January 31st total of 300 shares. Based on an average daily volume of 18,600 shares, the short-interest ratio is currently 0.1 days.

Scientific Industries Stock Performance

Shares of OTCMKTS SCND traded down $0.01 during midday trading on Friday, hitting $1.07. 1,500 shares of the company’s stock were exchanged, compared to its average volume of 8,523. Scientific Industries has a twelve month low of $0.18 and a twelve month high of $2.25. The stock’s 50 day moving average price is $1.03 and its 200-day moving average price is $1.12.

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.