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

ADM Tronics Unlimited (OTCMKTS:ADMT) saw 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 volume of 32,000 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 32,000 shares, the days-to-cover ratio is presently 2.4 days.

ADM Tronics Unlimited Price Performance

Shares of OTCMKTS:ADMT opened at $0.09 on Friday. The business’s 50-day moving average is $0.07 and its 200-day moving average is $0.07. ADM Tronics Unlimited has a 1 year low of $0.05 and a 1 year high of $0.10.

About ADM Tronics Unlimited

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.