Adriatic Metals PLC (OTCMKTS:ADMLF) Short Interest Up 15.0% in May

Adriatic Metals PLC (OTCMKTS:ADMLFGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 1,372,600 shares, a growth of 15.0% from the April 30th total of 1,193,400 shares. Based on an average daily trading volume, of 64,900 shares, the short-interest ratio is presently 21.1 days.

Adriatic Metals Stock Performance

Shares of OTCMKTS ADMLF opened at $2.80 on Friday. The business’s 50 day moving average price is $2.88 and its 200-day moving average price is $2.50. Adriatic Metals has a fifty-two week low of $1.88 and a fifty-two week high of $3.37.

About Adriatic Metals

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Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, copper, gold, and barite deposits. The company's flagship project is the 100% owned Vare Silver Project covering an area of approximately 44 square kilometers located in Bosnia and Herzegovina.

Further Reading

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