Adriatic Metals PLC (OTCMKTS:ADMLF) Short Interest Update

Adriatic Metals PLC (OTCMKTS:ADMLF) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 1,233,200 shares, a growth of 10.4% from the March 31st total of 1,117,400 shares. Based on an average daily volume of 164,300 shares, the days-to-cover ratio is presently 7.5 days.

Adriatic Metals Stock Performance

Shares of Adriatic Metals stock opened at $2.82 on Monday. Adriatic Metals has a 12-month low of $1.88 and a 12-month high of $2.99. The firm’s 50 day simple moving average is $2.52 and its two-hundred day simple moving average is $2.36.

About Adriatic Metals

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.