Adriatic Metals PLC (OTCMKTS:ADMLF) Sees Large Drop in Short Interest

Adriatic Metals PLC (OTCMKTS:ADMLF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,430,000 shares, a decline of 19.6% from the May 31st total of 1,779,100 shares. Based on an average daily volume of 60,400 shares, the days-to-cover ratio is presently 23.7 days.

Adriatic Metals Stock Down 8.5 %

OTCMKTS:ADMLF opened at $2.57 on Tuesday. Adriatic Metals has a twelve month low of $1.88 and a twelve month high of $3.37. The business has a 50 day moving average price of $2.88 and a two-hundred day moving average price of $2.58.

About Adriatic Metals

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.