Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Decrease in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 91.7% from the December 31st total of 1,200 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 0.1 days.

Tel-Instrument Electronics Trading Up 4.8 %

Shares of OTCMKTS:TIKK traded up $0.14 during trading hours on Thursday, hitting $3.08. The company’s stock had a trading volume of 16,128 shares, compared to its average volume of 4,666. The firm’s fifty day moving average price is $2.92 and its 200 day moving average price is $2.69. Tel-Instrument Electronics has a 52 week low of $1.60 and a 52 week high of $3.37.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of 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 through two segments, Avionics Government and Avionics Commercial.