Short Interest Coverage: Could ADM TRONICS UNLTD (OTCMKTS:ADMT) Skyrocket? The Stock Has Too Many Sellers

November 23, 2016 - By Vivian Park   ·   0 Comments

Short Interest Coverage: Could ADM TRONICS UNLTD (OTCMKTS:ADMT) Skyrocket? The Stock Has Too Many Sellers

The stock of ADM TRONICS UNLTD (OTCMKTS:ADMT) registered an increase of 1283.33% in short interest. ADMT’s total short interest was 49,800 shares in November as published by FINRA. Its up 1283.33% from 3,600 shares, reported previously. With 122,800 shares average volume, it will take short sellers 0 days to cover their ADMT’s short positions. The stock last traded at $0.2 per share. It is down 25.93% since April 21, 2016 and is downtrending. It has underperformed by 31.26% the S&P500.

ADM Tronics Unlimited, Inc. is a technology developer and maker of diversified lines of products. The company has a market cap of $12.76 million. The Firm is engaged in the design, manufacture and sale of electronics of its own products or on a contract manufacturing basis; the production and sale of chemical and antistatic products, and research, development and engineering services. It has a 11.93 P/E ratio. The Company’s divisions include Chemical, Electronics and Engineering.

ADMT Company Profile

ADM Tronics Unlimited, Inc. (ADM), incorporated on November 24, 1969, is a technology developer and maker of diversified lines of products. The Firm is engaged in the design, manufacture and sale of electronics of its own products or on a contract manufacturing basis; the production and sale of chemical and antistatic products, and research, development and engineering services. The Company’s divisions include Chemical, Electronics and Engineering. The Company’s services and products include Electronics for Medical Devices and Other Applications; Contract Manufacturing; Sonotron Technology; Chemical Products for Industrial Uses; Medical and Cosmetic Products, and Research, Development, Regulatory and Engineering Services. The Company’s products are sold to clients located in the United States, Australia, Asia and Europe. The Company’s activities are conducted through its subsidiary, Sonotron Medical Systems, Inc. (SMI), which is involved in medical electronic therapeutic technology.

More notable recent ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) news were published by: Prnewswire.com which released: “ADM Tronics CEO Comments On Record Financial Results” on November 21, 2016, also Prnewswire.com with their article: “ADM Tronics Reports Second Quarter of Fiscal Year 2017 Results” published on November 17, 2016, Prnewswire.com published: “ADM Tronics Enters Into Agreement for New Respiratory Device” on November 02, 2016. More interesting news about ADM Tronics Unlimited, Inc. (OTCMKTS:ADMT) were released by: Prnewswire.com and their article: “FDA 510(k) Application Withdrawn for Angiodroid CO2 Injector for Angiography” published on November 20, 2015 as well as Prnewswire.com‘s news article titled: “ADM Tronics Receives Strategic Investment from Advanced Plasma Therapies” with publication date: August 10, 2015.

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By Vivian Park


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