ADF Group Inc. (OTCMKTS:ADFJF) Short Interest Up 18.3% in December

ADF Group Inc. (OTCMKTS:ADFJF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 221,700 shares, an increase of 18.3% from the December 15th total of 187,400 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 12.0 days.

ADF Group Price Performance

Shares of OTCMKTS:ADFJF opened at $6.04 on Friday. ADF Group has a fifty-two week low of $5.20 and a fifty-two week high of $14.90. The business has a 50-day simple moving average of $6.62 and a two-hundred day simple moving average of $8.10.

ADF Group Company Profile

ADF Group Inc engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.