Adacel Technologies Limited (OTCMKTS:AELTF) Sees Significant Decrease in Short Interest

Adacel Technologies Limited (OTCMKTS:AELTF) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,100 shares, a drop of 21.4% from the January 15th total of 1,400 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 1.6 days.

Adacel Technologies Price Performance

Adacel Technologies has a 52 week low of $0.21 and a 52 week high of $1.61. The stock has a 50-day moving average price of $0.62 and a two-hundred day moving average price of $0.42.

Adacel Technologies Company Profile

Adacel Technologies Limited develops and sells air traffic management, air traffic control simulation, and training systems and services for the military and civil sectors in North and South America, Europe, Asia Pacific, Canada, Estonia, Australia, New Zealand, and internationally. It operates through Systems and Services segments.