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

ADF Group Inc. (OTCMKTS:ADFJF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 122,300 shares, an increase of 18.1% from the July 15th total of 103,600 shares. Based on an average daily volume of 27,300 shares, the days-to-cover ratio is currently 4.5 days.

ADF Group Stock Performance

Shares of ADF Group stock opened at $10.10 on Friday. The business has a fifty day simple moving average of $10.77 and a 200-day simple moving average of $9.45. ADF Group has a fifty-two week low of $3.00 and a fifty-two week high of $14.90.

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.