Short Interest Buzzer: A Reversal for Cemtrex Incorporated (NASDAQ:CETX) Is Near. The Stock Has Decrease in Shorts

November 29, 2016 - By Peter Erickson   ·   0 Comments

Short Interest Buzzer: A Reversal for Cemtrex Incorporated (NASDAQ:CETX) Is Near. The Stock Has Decrease in Shorts

The stock of Cemtrex Incorporated (NASDAQ:CETX) registered a decrease of 35.45% in short interest. CETX’s total short interest was 96,700 shares in November as published by FINRA. Its down 35.45% from 149,800 shares, reported previously. With 376,700 shares average volume, it will take short sellers 0 days to cover their CETX’s short positions. The short interest to Cemtrex Incorporated’s float is 2.32%. The stock closed at $4.58 during the last session. It is down 116.04% since April 26, 2016 and is uptrending. It has outperformed by 110.78% the S&P500.

Cemtrex, Inc. is a diversified industrial and manufacturing company. The company has a market cap of $46.40 million. The Firm operates in a range of business divisions and provides solutions to manufacturing industries. It has a 11.15 P/E ratio. The Firm provides electronic manufacturing services of electronic system assemblies, instruments and emission monitors for industrial processes, and industrial air filtration and environmental control systems.

CETX Company Profile

Cemtrex, Inc., incorporated on April 27, 1998, is a diversified industrial and manufacturing company. The Firm operates in a range of business divisions and provides solutions to various manufacturing industries. The Firm provides electronic manufacturing services of electronic system assemblies, instruments and emission monitors for industrial processes, and industrial air filtration and environmental control systems.

More recent Cemtrex Inc (NASDAQ:CETX) news were published by: Seekingalpha.com which released: “Cemtrex Continues $15 Million Follow-On Subscription Rights Registration” on November 29, 2016. Also Quotes.Wsj.com published the news titled: “Cemtrex Inc. CETX (US: Nasdaq)” on June 30, 2015. Marketwatch.com‘s news article titled: “Cemtrex Inc. NASDAQ: CETX” with publication date: July 07, 2015 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Peter Erickson


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>