Adbri Limited (OTCMKTS:ADBCF) Sees Large Growth in Short Interest

Adbri Limited (OTCMKTS:ADBCF) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totalling 3,000 shares, an increase of 15.4% from the May 31st total of 2,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Adbri Stock Performance

Shares of ADBCF opened at $2.05 on Monday. The company’s fifty day moving average is $2.05 and its 200 day moving average is $2.03. Adbri has a fifty-two week low of $1.27 and a fifty-two week high of $2.05.

Adbri Company Profile

Adbri Limited manufactures and distributes construction materials in Australia. The company operates in two segments: Cement, Lime, Concrete and Aggregates; and Masonry. It provides cement, lime, premixed concrete, aggregates, and sand; various concrete bricks, besser blocks, pavers, and retaining wall blocks; and industrial minerals comprising agricultural lime products, stockfield minerals and fillers for glass manufacturing, and quick and hydrated lime for industrial processing and water treatment applications.