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

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

Tel-Instrument Electronics Stock Performance

TIKK stock traded down $0.03 during mid-day trading on Friday, hitting $2.84. The company had a trading volume of 375 shares, compared to its average volume of 4,438. The firm has a market cap of $9.26 million, a PE ratio of -14.20 and a beta of 0.50. The stock’s fifty day moving average price is $2.82 and its two-hundred day moving average price is $2.53. Tel-Instrument Electronics has a 12 month low of $1.60 and a 12 month 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.