ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) Sees Large Decrease in Short Interest

ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 13,000 shares, a decline of 29.0% from the March 31st total of 18,300 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.1% of the shares of the company are short sold.

ADM Tronics Unlimited Stock Performance

Shares of OTCMKTS ADMT opened at $0.07 on Wednesday. The firm’s 50-day simple moving average is $0.07 and its 200 day simple moving average is $0.08. ADM Tronics Unlimited has a fifty-two week low of $0.03 and a fifty-two week high of $0.11.

About ADM Tronics Unlimited

ADM Tronics Unlimited, Inc, through its subsidiaries, develops, manufactures, and sells electronics for non-invasive medical and other applications in the United States, Australia, Asia, and Europe. It operates through Chemical, Electronics, and Engineering segments. The company offers proprietary devices for use in diagnostics and therapeutics of humans and animals; and electronic controllers for spas and hot tubs.