Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Down 91.7% in December

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decrease of 91.7% from the December 15th total of 1,200 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 0.1 days.

Tel-Instrument Electronics Price Performance

Shares of OTCMKTS TIKK traded down $0.03 during trading on Tuesday, reaching $2.90. 100 shares of the stock traded hands, compared to its average volume of 1,700. The company has a 50-day moving average of $2.88 and a 200-day moving average of $2.63. Tel-Instrument Electronics has a 52-week low of $1.60 and a 52-week high of $3.37. The stock has a market capitalization of $9.45 million, a P/E ratio of -14.50 and a beta of 0.50.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of 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 through two segments, Avionics Government and Avionics Commercial.