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

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

Adacel Technologies Stock Performance

AELTF opened at $0.38 on Friday. Adacel Technologies has a one year low of $0.35 and a one year high of $0.56. The business’s 50 day moving average price is $0.36 and its 200 day moving average price is $0.41.

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.