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

ADM Tronics Unlimited (OTCMKTS:ADMT) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 7,510 shares, a growth of 496.0% from the May 14th total of 1,260 shares. Based on an average daily trading volume, of 106,270 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

ADM Tronics Unlimited Price Performance

Shares of OTCMKTS ADMT opened at $0.07 on Thursday. ADM Tronics Unlimited has a twelve month low of $0.04 and a twelve month high of $0.12. The firm has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.09.

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. In addition, the company provides water-based primers and adhesives; water-based coatings and resins; water-based chemical additives; and anti-static conductive paints, coatings, and other products.