Servotronics, Inc. (NYSEAMERICAN:SVT) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 200 shares, a drop of 33.3% from the August 30th total of 300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 0.1 days.
Shares of SVT stock opened at $10.25 on Friday. Servotronics has a twelve month low of $9.50 and a twelve month high of $13.70.
Servotronics (NYSEAMERICAN:SVT) last announced 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 for 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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