What Will Happen to Tel-instrument Electronics Corp (NYSEAMERICAN:TIK) Next? The Stock Has Increase in Shorts

March 13, 2018 - By Marie Mckinney

 What Will Happen to Tel instrument Electronics Corp (NYSEAMERICAN:TIK) Next? The Stock Has Increase in Shorts

The stock of Tel-instrument Electronics Corp (NYSEAMERICAN:TIK) registered an increase of 536.36% in short interest. TIK’s total short interest was 105,000 shares in March as published by FINRA. Its up 536.36% from 16,500 shares, reported previously. With 125,200 shares average volume, it will take short sellers 1 days to cover their TIK’s short positions. The short interest to Tel-instrument Electronics Corp’s float is 7.64%.

The stock increased 0.57% or $0.0144 during the last trading session, reaching $2.5511. About 6,164 shares traded. Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK) has declined 2.84% since March 13, 2017 and is downtrending. It has underperformed by 19.54% the S&P500.

Tel-Instrument Electronics Corp. designs, makes, and sells avionics test and measurement solutions for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. The company has market cap of $8.31 million. It operates in two divisions, Avionics Government and Avionics Commercial. It currently has negative earnings. The firm provides instruments to test, measure, calibrate, and repair a range of airborne navigation and communication equipment.

More notable recent Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK) news were published by: Quotes.Wsj.com which released: “News Tel Instrument Electronics Corp.TIK” on February 12, 2011, also Businesswire.com with their article: “Tel-Instrument Electronics Corp. Reports Financial Results for Third Quarter 2018” published on February 14, 2018, Businesswire.com published: “Tel-Instrument Electronics Corp Announces Chief Operating Officer” on May 15, 2014. More interesting news about Tel-Instrument Electronics Corp. (NYSEAMERICAN:TIK) were released by: Businesswire.com and their article: “Tel-Instrument Electronics Corp. Announces Commencement of Trial Regarding the …” published on April 10, 2017 as well as Businesswire.com‘s news article titled: “Tel-Instrument Electronics Corp. Announces $2.8 Million Adverse Jury Verdict …” with publication date: May 09, 2017.

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