ADM Tronics Unlimited (OTCMKTS:ADMT) Sees Significant Drop in Short Interest

ADM Tronics Unlimited (OTCMKTS:ADMT) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 10,700 shares, a drop of 25.2% from the May 15th total of 14,300 shares. Based on an average daily volume of 41,400 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

ADM Tronics Unlimited Stock Performance

ADMT stock opened at $0.05 on Wednesday. The firm’s 50-day moving average price is $0.06 and its two-hundred day moving average price is $0.07. ADM Tronics Unlimited has a 12-month low of $0.03 and a 12-month high of $0.11.

ADM Tronics Unlimited Company Profile

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.