Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Decline in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 200 shares, a drop of 33.3% from the January 15th total of 300 shares. Based on an average trading volume of 10,700 shares, the days-to-cover ratio is currently 0.0 days.

Tel-Instrument Electronics Price Performance

OTCMKTS TIKK remained flat at $3.19 during trading on Friday. The stock has a market capitalization of $10.40 million, a price-to-earnings ratio of -15.95 and a beta of 0.50. Tel-Instrument Electronics has a 52 week low of $1.60 and a 52 week high of $3.37. The business’s fifty day simple moving average is $2.96 and its two-hundred day simple moving average is $2.76.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings data on Thursday, February 13th. The company reported ($0.17) earnings per share (EPS) for the quarter. The business had revenue of $2.97 million during the quarter. Tel-Instrument Electronics had a negative net margin of 3.23% and a negative return on equity of 105.05%.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.