Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Decrease in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 91.7% from the December 15th total of 1,200 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 0.1 days.

Tel-Instrument Electronics Price Performance

Shares of OTCMKTS TIKK remained flat at $2.93 during midday trading on Monday. 50 shares of the stock traded hands, compared to its average volume of 2,500. The company has a 50-day moving average price of $2.88 and a two-hundred day moving average price of $2.62. Tel-Instrument Electronics has a 12-month low of $1.60 and a 12-month high of $3.37. The stock has a market capitalization of $9.55 million, a PE ratio of -14.65 and a beta of 0.50.

Tel-Instrument Electronics Company Profile

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.