Servotronics, Inc. (NYSEAMERICAN:SVT) Short Interest Up 123.8% in May

Servotronics, Inc. (NYSEAMERICAN:SVT - Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 4,700 shares, an increase of 123.8% from the April 30th total of 2,100 shares. Currently, 0.7% of the company's shares are short sold. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is currently 0.4 days.

Servotronics Price Performance

Shares of SVT traded up $0.04 during trading hours on Monday, hitting $46.72. The stock had a trading volume of 123,325 shares, compared to its average volume of 9,261. Servotronics has a 12 month low of $9.67 and a 12 month high of $47.01. The firm has a market capitalization of $119.14 million, a PE ratio of 934.59 and a beta of 0.51. The stock has a fifty day moving average price of $17.03 and a 200 day moving average price of $12.89.

Servotronics (NYSEAMERICAN:SVT - Get Free Report) last issued its quarterly earnings data on Monday, March 17th. The conglomerate reported ($0.64) EPS for the quarter. Servotronics had a return on equity of 2.85% and a net margin of 0.30%. During the same period in the prior year, the business posted ($4.37) earnings per share.

About Servotronics

Servotronics, Inc designs, manufactures, and markets servo-control components and other technology products for aerospace, military, and medical applications in the United States and internationally. It offers high-performance servo valves, including torque motor, hydraulic, and pneumatic valves. The company offers its products to products are sold to commercial aerospace, government, medical, and industrial markets.