ADF Group Inc. (OTCMKTS:ADFJF) Short Interest Down 25.7% in October

ADF Group Inc. (OTCMKTS:ADFJF) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 139,200 shares, a drop of 25.7% from the October 15th total of 187,400 shares. Based on an average daily trading volume, of 12,800 shares, the days-to-cover ratio is presently 10.9 days.

ADF Group Stock Performance

Shares of OTCMKTS ADFJF opened at $6.46 on Friday. The firm’s 50-day simple moving average is $7.70 and its 200 day simple moving average is $9.80. ADF Group has a fifty-two week low of $3.37 and a fifty-two week high of $14.90.

ADF Group Company Profile

ADF Group Inc engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.