Short Interest in Adriatic Metals PLC (OTCMKTS:ADMLF) Rises By 19.2%

Adriatic Metals PLC (OTCMKTS:ADMLF) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,306,200 shares, an increase of 19.2% from the November 30th total of 1,934,800 shares. Based on an average daily trading volume, of 39,100 shares, the short-interest ratio is presently 59.0 days.

Adriatic Metals Price Performance

ADMLF stock opened at $2.43 on Friday. The company’s fifty day moving average price is $2.69 and its 200-day moving average price is $2.44. Adriatic Metals has a one year low of $1.71 and a one year high of $3.37.

Adriatic Metals Company Profile

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.