ADM Tronics Unlimited (OTCMKTS:ADMT) Sees Significant Growth in Short Interest

ADM Tronics Unlimited (OTCMKTS:ADMT) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 76,000 shares, a growth of 106.0% from the August 31st total of 36,900 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is presently 2.4 days.

ADM Tronics Unlimited Price Performance

Shares of ADMT opened at $0.09 on Friday. ADM Tronics Unlimited has a 12 month low of $0.05 and a 12 month high of $0.10. The stock’s 50-day moving average price is $0.07 and its two-hundred day moving average price is $0.07.

ADM Tronics Unlimited Company Profile

ADM Tronics Unlimited, Inc, through its subsidiaries, develops, manufactures, and sells electronics for non-invasive medical and other applications in the United States, Australia, Asia, and Europe. It operates through Chemical, Electronics, and Engineering segments. The company offers proprietary devices for use in diagnostics and therapeutics of humans and animals; and electronic controllers for spas and hot tubs.