Adacel Technologies Limited (OTCMKTS:AELTF) Sees Large Growth in Short Interest

Adacel Technologies Limited (OTCMKTS:AELTF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 600 shares, a growth of 50.0% from the September 30th total of 400 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 1.2 days.

Adacel Technologies Price Performance

AELTF stock opened at $0.21 on Tuesday. Adacel Technologies has a 1-year low of $0.21 and a 1-year high of $0.56. The business’s 50 day simple moving average is $0.34 and its 200 day simple moving average is $0.39.

About Adacel Technologies

Adacel Technologies Limited develops and sells air traffic management, air traffic control simulation, and training systems and services for the military and civil sectors in North and South America, Europe, Asia Pacific, Canada, Estonia, Australia, New Zealand, and internationally. It operates through Systems and Services segments.