ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) Sees Significant Increase in Short Interest

ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 11,700 shares, an increase of 108.9% from the February 28th total of 5,600 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 23,800 shares, the days-to-cover ratio is presently 0.5 days.

ADM Tronics Unlimited Price Performance

Shares of ADMT opened at $0.07 on Friday. The company has a 50 day moving average price of $0.07 and a 200-day moving average price of $0.08. ADM Tronics Unlimited has a fifty-two week low of $0.03 and a fifty-two week high of $0.12.

ADM Tronics Unlimited Company Profile

ADM Tronics Unlimited, Inc, through its subsidiaries, develops, manufactures, and sells electronics for non-invasive medical and other applications in the United States, Australia, Asia, and Europe. It operates through Chemical, Electronics, and Engineering segments. The company offers proprietary devices for use in diagnostics and therapeutics of humans and animals; and electronic controllers for spas and hot tubs.