Servotronics, Inc. (NYSEAMERICAN:SVT) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 300 shares, an increase of 50.0% from the September 30th total of 200 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
SVT opened at $10.70 on Thursday. Servotronics has a 1-year low of $9.50 and a 1-year high of $13.70.
Servotronics (NYSEAMERICAN:SVT) last posted its quarterly earnings results on Thursday, August 15th. The conglomerate reported $0.30 earnings per share for the quarter. The company had revenue of $14.07 million during the quarter.
Servotronics, Inc designs, manufactures, and markets control components and consumer products in the United States and internationally. The company operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets.
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