Scientific Industries, Inc. (OTCMKTS:SCND) Short Interest Down 25.0% in March

Scientific Industries, Inc. (OTCMKTS:SCND) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 300 shares, a decline of 25.0% from the March 15th total of 400 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Scientific Industries Price Performance

SCND opened at $0.90 on Friday. Scientific Industries has a 12-month low of $0.62 and a 12-month high of $2.25. The stock has a market capitalization of $6.28 million, a PE ratio of -1.47 and a beta of 0.42. The firm’s fifty day moving average price is $1.01 and its 200 day moving average price is $1.04.

Scientific Industries (OTCMKTS:SCND) last posted its quarterly earnings results on Monday, March 31st. The company reported ($0.18) EPS for the quarter. Scientific Industries had a negative return on equity of 54.88% and a negative net margin of 63.35%. The firm had revenue of $2.81 million during the quarter.

About Scientific Industries

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.