Adriatic Metals PLC (OTCMKTS:ADMLF) Short Interest Up 10.0% in October

Adriatic Metals PLC (OTCMKTS:ADMLF) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,825,500 shares, a growth of 10.0% from the October 15th total of 1,658,900 shares. Based on an average daily volume of 82,200 shares, the short-interest ratio is presently 22.2 days.

Adriatic Metals Price Performance

ADMLF opened at $2.79 on Friday. The business’s fifty day moving average is $2.54 and its 200-day moving average is $2.51. Adriatic Metals has a 52-week low of $1.71 and a 52-week high of $3.37.

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.