Short Interest in Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Expands By 1,350.0%

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 2,900 shares, a growth of 1,350.0% from the March 31st total of 200 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is currently 0.7 days.

Tel-Instrument Electronics Price Performance

Shares of OTCMKTS TIKK remained flat at $1.80 during midday trading on Friday. The firm has a 50-day moving average of $1.92 and a 200-day moving average of $1.97. Tel-Instrument Electronics has a twelve month low of $1.60 and a twelve month high of $2.45.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings results on Tuesday, February 13th. The company reported $0.02 earnings per share (EPS) for the quarter. Tel-Instrument Electronics had a negative net margin of 0.87% and a negative return on equity of 12.52%. The business had revenue of $2.40 million for the quarter.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. designs, manufactures, and sells avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates in two segments, Avionics Government and Avionics Commercial.