Short Interest in Servotronics, Inc. (NYSEAMERICAN:SVT) Rises By 38.5%

Servotronics, Inc. (NYSEAMERICAN:SVT) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 1,800 shares, a growth of 38.5% from the June 30th total of 1,300 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 0.5 days.

Shares of SVT opened at $8.21 on Friday. Servotronics has a 52 week low of $5.40 and a 52 week high of $11.32.

Servotronics (NYSEAMERICAN:SVT) last announced its quarterly earnings data on Wednesday, May 13th. The conglomerate reported $0.79 EPS for the quarter. The firm had revenue of $15.45 million during the quarter.

Servotronics Company Profile

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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