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

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,900 shares, an increase of 1,350.0% from the March 31st total of 200 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 0.7 days.

Tel-Instrument Electronics Price Performance

OTCMKTS TIKK remained flat at $1.80 during trading on Thursday. The company has a market capitalization of $5.87 million, a P/E ratio of -13.85 and a beta of 0.31. The stock’s fifty day moving average is $1.93 and its two-hundred day moving average is $1.97. Tel-Instrument Electronics has a 1 year low of $1.60 and a 1 year high of $2.45.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings results on Tuesday, February 13th. The company reported $0.02 EPS for the quarter. The business had revenue of $2.40 million during the quarter. Tel-Instrument Electronics had a negative net margin of 0.87% and a negative return on equity of 12.52%.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. designs, manufactures, and sells 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 in two segments, Avionics Government and Avionics Commercial.