A Reversal for ADACEL TECHNOLOGIES LTD ORDINARY SHARES (OTCMKTS:AELTF) Is Near. The Stock Has Decrease in Shorts

June 17, 2018 - By Dolores Ford

Adacel Technologies Limited (OTCMKTS:AELTF) Logo

The stock of ADACEL TECHNOLOGIES LTD ORDINARY SHARES (OTCMKTS:AELTF) registered a decrease of 90% in short interest. AELTF’s total short interest was 100 shares in June as published by FINRA. Its down 90% from 1,000 shares, reported previously. With 200 shares average volume, it will take short sellers 1 days to cover their AELTF’s short positions.

It closed at $1.4 lastly. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Adacel Technologies Limited develops and sells simulation and software applications and services for the civil and military aerospace sectors in the United States, Canada, and Australia. The company has market cap of $110.13 million. The firm offers MaxSim Tower for supporting local tower, and ground and ramp control; MaxSim Radar for radar and non-radar procedural training; MaxSim Mobile Systems that facilitates transport to alternative training locations; MaxSim Ultra 3D-Tabletop, an interpretation of standing ATC training tool; MaxSim in a Pod, an enclosed tower setup with a 2-screen front projection visual system; MaxSim Virtual Reality simulator; InSight Visual Systems, a 3D scene-renderer that provides enhancements to realistic visual scene performance and visual acuity; and Aviation Phraseology Training ICE, an application to master proper terminology and communications procedures in a non-intimidating environment. It has a 16.47 P/E ratio. It also provides Aurora ATM automation systems, which manage airspace and domains to control tower units; and Aurora Coverage Map for air navigation services.

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