What’s Next for ADM TRONICS UNLIMITED INC (OTCMKTS:ADMT) After Having More Shares Shorted?

ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) Logo

The stock of ADM TRONICS UNLIMITED INC (OTCMKTS:ADMT) registered an increase of 172.73% in short interest. ADMT’s total short interest was 24,000 shares in July as published by FINRA. Its up 172.73% from 8,800 shares, reported previously. With 30,700 shares average volume, it will take short sellers 1 days to cover their ADMT’s short positions.

The stock increased 2.83% or $0.0041 during the last trading session, reaching $0.149. About 35,400 shares traded or 64.94% up from the average. ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) has 0.00% since July 14, 2018 and is . It has underperformed by 4.43% the S&P500.

ADM Tronics Unlimited, Inc. primarily develops and makes electronics for non-invasive medical and other applications in the United States, Australia, Asia, and Europe. The company has market cap of $10.07 million. The firm offers proprietary devices for use in diagnostics and therapeutics of humans and animals; electronic controllers for spas and hot tubs; and Sonotron Technology, a technology to treat subjects suffering from the pain of inflammatory joint conditions. It has a 29.8 P/E ratio. It also provides water primers and adhesives; water coatings and resins; water chemical additives; and anti-static conductive paints, coatings, and other products.

Another recent and important ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) news was published by Seekingalpha.com which published an article titled: “Fortress Global Enterprises Inc. 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 08, 2018.

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