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

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

Tel-Instrument Electronics Trading Up 2.8 %

TIKK traded up $0.05 on Friday, hitting $1.85. 318 shares of the company’s stock were exchanged, compared to its average volume of 1,822. Tel-Instrument Electronics has a fifty-two week low of $1.60 and a fifty-two week high of $2.45. The firm has a 50-day moving average price of $1.92 and a 200-day moving average price 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 (EPS) for the quarter. Tel-Instrument Electronics had a negative net margin of 0.87% and a negative return on equity of 12.52%. The company had revenue of $2.40 million during the quarter.

Tel-Instrument Electronics Company Profile

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.