Adriatic Metals PLC (OTCMKTS:ADMLF) Sees Large Increase in Short Interest

Adriatic Metals PLC (OTCMKTS:ADMLF) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 1,765,200 shares, a growth of 9.9% from the August 31st total of 1,606,500 shares. Based on an average daily volume of 123,300 shares, the short-interest ratio is presently 14.3 days.

Adriatic Metals Stock Down 1.2 %

ADMLF opened at $2.46 on Tuesday. The firm’s 50-day simple moving average is $2.08 and its 200-day simple moving average is $2.51. Adriatic Metals has a twelve month low of $1.71 and a twelve month high of $3.37.

About Adriatic Metals

Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.