Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Sees Large Increase in Short Interest

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 600 shares, a growth of 500.0% from the November 15th total of 100 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 0.2 days.

Tel-Instrument Electronics Stock Up 1.6 %

OTCMKTS:TIKK traded up $0.05 during trading hours on Wednesday, hitting $2.94. 4,492 shares of the stock traded hands, compared to its average volume of 4,577. The stock has a 50 day moving average price of $2.83 and a 200 day moving average price of $2.46. The company has a market cap of $9.58 million, a price-to-earnings ratio of -14.45 and a beta of 0.50. Tel-Instrument Electronics has a 1 year low of $1.60 and a 1 year high of $3.37.

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.