Short Interest in ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) Declines By 36.5%

ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 24,500 shares, a drop of 36.5% from the October 31st total of 38,600 shares. Based on an average daily trading volume, of 74,500 shares, the days-to-cover ratio is presently 0.3 days.

ADM Tronics Unlimited Stock Performance

Shares of ADMT opened at $0.08 on Friday. The stock’s 50-day moving average price is $0.08 and its 200 day moving average price is $0.07. ADM Tronics Unlimited has a 12-month low of $0.03 and a 12-month 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.