CEA Industries Inc. (NASDAQ:CEAD) Sees Significant Decline in Short Interest

CEA Industries Inc. (NASDAQ:CEAD) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 1,900 shares, a drop of 62.0% from the October 31st total of 5,000 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,500 shares, the short-interest ratio is currently 0.2 days.

CEA Industries Stock Performance

CEA Industries stock traded down $0.25 during midday trading on Thursday, hitting $5.70. 4,307 shares of the company’s stock were exchanged, compared to its average volume of 7,441. The company has a market cap of $4.50 million, a P/E ratio of -1.31 and a beta of 1.07. The stock has a 50-day moving average price of $6.78 and a two-hundred day moving average price of $7.02. CEA Industries has a 52-week low of $5.22 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.