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

ADF Group Inc. (OTCMKTS:ADFJF) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 161,300 shares, a growth of 39.4% from the August 31st total of 115,700 shares. Based on an average trading volume of 45,600 shares, the days-to-cover ratio is currently 3.5 days.

ADF Group Stock Down 1.0 %

Shares of ADFJF opened at $8.24 on Friday. ADF Group has a 12-month low of $3.37 and a 12-month high of $14.90. The firm’s 50 day moving average is $9.37 and its 200-day moving average is $9.92.

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.