Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Down 91.7% in December

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 91.7% from the December 15th total of 1,200 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 0.1 days.

Tel-Instrument Electronics Trading Down 1.0 %

Shares of TIKK traded down $0.03 during mid-day trading on Tuesday, reaching $2.90. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,700. Tel-Instrument Electronics has a 52 week low of $1.60 and a 52 week high of $3.37. The company’s fifty day moving average price is $2.88 and its two-hundred day moving average price is $2.63. The stock has a market cap of $9.45 million, a PE ratio of -14.50 and a beta of 0.50.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.