Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Significant Growth in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,200 shares, an increase of 100.0% from the November 30th total of 600 shares. Based on an average daily trading volume, of 55,300 shares, the short-interest ratio is currently 0.0 days.

Tel-Instrument Electronics Price Performance

Shares of TIKK stock traded up $0.02 during mid-day trading on Friday, hitting $2.86. 300 shares of the stock traded hands, compared to its average volume of 4,410. The stock has a market cap of $9.32 million, a P/E ratio of -14.30 and a beta of 0.50. The stock’s fifty day moving average is $2.82 and its two-hundred day moving average is $2.54. Tel-Instrument Electronics has a 52-week low of $1.60 and a 52-week high of $3.37.

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.