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

Adacel Technologies Limited (OTCMKTS:AELTF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,600 shares, an increase of 166.7% from the October 15th total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 8.0 days.

Adacel Technologies Price Performance

Shares of OTCMKTS:AELTF opened at $0.21 on Wednesday. Adacel Technologies has a fifty-two week low of $0.21 and a fifty-two week high of $0.56. The firm has a 50-day simple moving average of $0.31 and a 200 day simple moving average of $0.37.

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.