ADF Group Inc. (OTCMKTS:ADFJF) Sees Large Growth in Short Interest

ADF Group Inc. (OTCMKTS:ADFJF) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 221,700 shares, a growth of 18.3% from the December 15th total of 187,400 shares. Based on an average daily trading volume, of 18,500 shares, the days-to-cover ratio is presently 12.0 days.

ADF Group Price Performance

OTCMKTS ADFJF opened at $6.04 on Friday. The stock’s 50 day moving average is $6.62 and its 200 day moving average is $8.10. ADF Group has a 12 month low of $5.20 and a 12 month high of $14.90.

ADF Group Company Profile

ADF Group Inc engages in the design and engineering of connections including industrial coatings in Canada and the United States. It also fabricates and installs complex steel structures and heavy steel built-ups, as well as miscellaneous and architectural metalwork services. In addition, the company offers products and services for various segments of the non-residential construction industry, including office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructures.