Short Interest in Adriatic Metals PLC (OTCMKTS:ADMLF) Grows By 53.8%

Adriatic Metals PLC (OTCMKTS:ADMLF – Get Rating) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 4,000 shares, an increase of 53.8% from the May 15th total of 2,600 shares. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is presently 0.3 days.

Shares of OTCMKTS ADMLF opened at $1.50 on Tuesday. Adriatic Metals has a 52-week low of $1.47 and a 52-week high of $2.50. The firm has a 50 day moving average price of $1.72 and a two-hundred day moving average price of $1.76.

Adriatic Metals Company Profile (Get Rating)

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It explores for zinc, lead, barite, gold, silver, and copper deposits. The company's flagship project is the Vares Silver Project located in the Bosnia and Herzegovina. It also operates Raska Project in Serbia.

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