Short Interest in ADF Group Inc. (OTCMKTS:ADFJF) Increases By 23.0%

ADF Group Inc. (OTCMKTS:ADFJF) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 171,200 shares, an increase of 23.0% from the October 31st total of 139,200 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is currently 40.8 days.

ADF Group Stock Performance

ADFJF opened at $6.34 on Monday. The company’s 50 day moving average is $7.19 and its 200-day moving average is $9.44. ADF Group has a 1-year low of $3.37 and a 1-year high of $14.90.

About ADF Group

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.