Short Interest in ADF Group Inc. (OTCMKTS:ADFJF) Rises By 9.2%

ADF Group Inc. (OTCMKTS:ADFJF) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 176,200 shares, an increase of 9.2% from the September 15th total of 161,300 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is presently 18.9 days.

ADF Group Stock Performance

Shares of OTCMKTS ADFJF opened at $7.17 on Thursday. The business has a 50-day simple moving average of $8.85 and a two-hundred day simple moving average of $10.05. ADF Group has a 52 week low of $3.37 and a 52 week high of $14.90.

About ADF Group

ADF Group Inc engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.