Scientific Industries, Inc. (OTCMKTS:SCND) Short Interest Update

Scientific Industries, Inc. (OTCMKTS:SCND) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 200 shares, a decline of 50.0% from the May 31st total of 400 shares. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is currently 0.0 days.

Scientific Industries Stock Up 4.0 %

OTCMKTS SCND traded up $0.05 during trading on Friday, reaching $1.37. 8,800 shares of the company traded hands, compared to its average volume of 8,057. Scientific Industries has a 1-year low of $0.18 and a 1-year high of $4.75. The stock’s 50 day moving average price is $1.63 and its two-hundred day moving average price is $1.88.

Scientific Industries (OTCMKTS:SCND) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.20) EPS for the quarter. Scientific Industries had a negative net margin of 81.25% and a negative return on equity of 73.53%. The company had revenue of $2.48 million during the quarter.

Scientific Industries Company Profile

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.