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

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

Servotronics Trading Up 0.3%

Shares of SVT stock traded up $0.13 during trading hours on Wednesday, reaching $46.83. 4,683 shares of the company's stock were exchanged, compared to its average volume of 9,271. Servotronics has a 1 year low of $9.67 and a 1 year high of $46.95. The stock has a market cap of $119.42 million, a PE ratio of 936.79 and a beta of 0.51. The stock's fifty day moving average price is $17.76 and its two-hundred day moving average price is $13.09.

Servotronics (NYSEAMERICAN:SVT - Get Free Report) last released 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 previous 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.