Adacel Technologies Limited (OTCMKTS:AELTF) Sees Large Growth in Short Interest

Adacel Technologies Limited (OTCMKTS:AELTF) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 1,600 shares, a growth of 166.7% from the October 15th total of 600 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 8.0 days.

Adacel Technologies Stock Performance

Shares of AELTF stock opened at $0.21 on Wednesday. Adacel Technologies has a 12 month low of $0.21 and a 12 month high of $0.56. The company’s fifty day moving average price is $0.31 and its two-hundred day moving average price is $0.37.

About Adacel Technologies

Adacel Technologies Limited develops and sells air traffic management, air traffic control simulation, and training systems and services for the military and civil sectors in North and South America, Europe, Asia Pacific, Canada, Estonia, Australia, New Zealand, and internationally. It operates through Systems and Services segments.