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

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

Adacel Technologies Price Performance

Adacel Technologies stock opened at $0.25 on Friday. The firm has a 50 day moving average of $0.31 and a 200 day moving average of $0.37. Adacel Technologies has a 12-month low of $0.21 and a 12-month high of $0.56.

Adacel Technologies Company Profile

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.