Adriatic Metals PLC (OTCMKTS:ADMLF) Short Interest Update

Adriatic Metals PLC (OTCMKTS:ADMLF) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 1,615,800 shares, a decrease of 8.5% from the September 15th total of 1,765,200 shares. Based on an average daily volume of 56,800 shares, the days-to-cover ratio is currently 28.4 days.

Adriatic Metals Price Performance

Shares of OTCMKTS ADMLF opened at $2.75 on Wednesday. Adriatic Metals has a 12-month low of $1.71 and a 12-month high of $3.37. The stock’s 50 day simple moving average is $2.19 and its 200 day simple moving average 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.