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

ADF Group Inc. (OTCMKTS:ADFJF) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 116,243 shares, a decline of 38.5% from the May 31st total of 188,889 shares. Based on an average trading volume of 42,423 shares, the short-interest ratio is presently 2.7 days.

ADF Group Stock Performance

Shares of OTCMKTS ADFJF opened at $11.99 on Thursday. ADF Group has a 1-year low of $4.75 and a 1-year high of $12.42. The business has a fifty day moving average price of $8.54 and a 200 day moving average price of $7.42.

ADF Group Company Profile

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.