Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Decrease in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 100 shares, adeclineof83.3% from the July 15th total of 600 shares. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 0.0 days. Currently,0.0% of the company’s stock are sold short. Currently,0.0% of the company’s stock are sold short. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 0.0 days.

Tel-Instrument Electronics Price Performance

TIKK opened at $3.30 on Friday. Tel-Instrument Electronics has a 12 month low of $1.70 and a 12 month high of $6.51. The stock has a market capitalization of $10.76 million, a price-to-earnings ratio of -8.46 and a beta of 0.69. The business has a fifty day moving average price of $3.45 and a 200 day moving average price of $3.07.

Tel-Instrument Electronics Company Profile

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.