Short Interest in CEA Industries Inc. (NASDAQ:CEAD) Drops By 57.9%

CEA Industries Inc. (NASDAQ:CEAD) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 800 shares, a decline of 57.9% from the November 15th total of 1,900 shares. Based on an average daily volume of 11,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

CEA Industries Trading Down 2.5 %

Shares of CEAD traded down $0.21 during mid-day trading on Friday, hitting $8.10. The company’s stock had a trading volume of 8,497 shares, compared to its average volume of 8,399. The firm has a market capitalization of $6.40 million, a price-to-earnings ratio of -1.86 and a beta of 1.03. The company’s 50-day moving average is $6.86 and its 200-day moving average is $6.92. CEA Industries has a 52-week low of $5.60 and a 52-week high of $11.04.

CEA Industries Company Profile

CEA Industries Inc provides environmental control, and other technologies and services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.