Tel-Instrument Electronics Corp. (OTCMKTS:TIKK – Get Rating) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 300 shares, an increase of 50.0% from the January 31st total of 200 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is presently 0.2 days.
Tel-Instrument Electronics Trading Down 3.0 %
Shares of OTCMKTS TIKK traded down $0.07 during midday trading on Wednesday, reaching $2.28. The company had a trading volume of 3,800 shares, compared to its average volume of 2,154. The business's 50-day simple moving average is $2.29 and its 200 day simple moving average is $2.10. The stock has a market cap of $7.43 million, a P/E ratio of -8.14 and a beta of 0.61. Tel-Instrument Electronics has a 1 year low of $1.25 and a 1 year high of $3.19.
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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. The firm operates in two segments: Avionics Government and Avionics Commercial.
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