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

Adacel Technologies Limited (OTCMKTS:AELTF) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 400 shares, a growth of 300.0% from the August 31st total of 100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

Adacel Technologies Price Performance

Adacel Technologies stock opened at $0.38 on Friday. The stock’s fifty day simple moving average is $0.36 and its 200-day simple moving average is $0.41. Adacel Technologies has a twelve month low of $0.35 and a twelve month high of $0.56.

Adacel Technologies Company Profile

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.