Adriatic Metals PLC (OTCMKTS:ADMLF) Sees Significant Growth in Short Interest

Adriatic Metals PLC (OTCMKTS:ADMLF) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 1,765,200 shares, an increase of 9.9% from the August 31st total of 1,606,500 shares. Based on an average daily volume of 123,300 shares, the days-to-cover ratio is currently 14.3 days.

Adriatic Metals Price Performance

Shares of OTCMKTS:ADMLF opened at $2.49 on Friday. Adriatic Metals has a 12 month low of $1.71 and a 12 month high of $3.37. The company’s 50-day moving average price is $2.08 and its two-hundred day moving average price is $2.51.

About Adriatic Metals

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.