Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Update

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 900 shares, a growth of 125.0% from the September 30th total of 400 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 0.5 days.

Tel-Instrument Electronics Stock Performance

OTCMKTS TIKK remained flat at $2.56 on Friday. The firm has a fifty day simple moving average of $2.67 and a 200 day simple moving average of $2.25. The company has a market cap of $8.35 million, a price-to-earnings ratio of -32.00 and a beta of 0.45. Tel-Instrument Electronics has a twelve month low of $1.60 and a twelve month high of $3.04.

Tel-Instrument Electronics (OTCMKTS:TIKK) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share for the quarter. The firm had revenue of $2.84 million during the quarter. Tel-Instrument Electronics had a net margin of 1.01% and a return on equity of 17.90%.

About Tel-Instrument Electronics

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.