Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Update

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, a decline of 33.3% from the June 30th total of 900 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Tel-Instrument Electronics Price Performance

OTCMKTS TIKK opened at $3.40 on Thursday. Tel-Instrument Electronics has a 52 week low of $1.70 and a 52 week high of $6.51. The firm has a 50 day moving average of $3.35 and a two-hundred day moving average of $3.03. The stock has a market capitalization of $11.08 million, a PE ratio of -8.72 and a beta of 0.71.

About Tel-Instrument Electronics

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.