Short Interest in Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Expands By 1,350.0%

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,900 shares, a growth of 1,350.0% from the March 31st total of 200 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is presently 0.7 days.

Tel-Instrument Electronics Stock Performance

Shares of TIKK stock remained flat at $1.80 during trading hours on Friday. Tel-Instrument Electronics has a 52-week low of $1.60 and a 52-week high of $2.45. The business has a 50 day simple moving average of $1.92 and a 200-day simple moving average of $1.97.

Tel-Instrument Electronics (OTCMKTS:TIKK) last released its quarterly earnings data on Tuesday, February 13th. The company reported $0.02 earnings per share for the quarter. Tel-Instrument Electronics had a negative net margin of 0.87% and a negative return on equity of 12.52%. The business had revenue of $2.40 million for the quarter.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. designs, manufactures, and sells 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 in two segments, Avionics Government and Avionics Commercial.