ADF Group Inc. (OTCMKTS:ADFJF) Sees Significant Increase in Short Interest

ADF Group Inc. (OTCMKTS:ADFJF) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 65,700 shares, an increase of 133.8% from the May 31st total of 28,100 shares. Based on an average daily volume of 21,200 shares, the short-interest ratio is presently 3.1 days.

ADF Group Stock Down 1.2 %

ADFJF opened at $11.53 on Friday. ADF Group has a 52-week low of $2.60 and a 52-week high of $14.90. The firm’s fifty day simple moving average is $11.73 and its two-hundred day simple moving average is $8.28.

ADF Group Company Profile

ADF Group Inc engages in the design and engineering of connections 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.