ADDvantage Technologies Group, Inc. (NASDAQ:AEY) Short Interest Up 28.1% in June

ADDvantage Technologies Group, Inc. (NASDAQ:AEY) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 33,700 shares, a growth of 28.1% from the May 30th total of 26,300 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 64,700 shares, the short-interest ratio is presently 0.5 days.

Shares of ADDvantage Technologies Group stock opened at $1.64 on Friday. ADDvantage Technologies Group has a 52 week low of $1.23 and a 52 week high of $1.98. The firm has a 50 day moving average price of $1.51.

ADDvantage Technologies Group (NASDAQ:AEY) last announced its quarterly earnings data on Tuesday, May 14th. The technology company reported ($0.12) EPS for the quarter. ADDvantage Technologies Group had a negative net margin of 16.55% and a negative return on equity of 18.64%. The firm had revenue of $17.27 million during the quarter.

ADDvantage Technologies Group Company Profile

ADDvantage Technologies Group, Inc, through its subsidiaries, distributes and services electronics and hardware for the cable television and telecommunication industries in the United States, Canada, Central America, Asia, Europe, Mexico, South America, and internationally. The company operates through two segments, Cable Television and Telecommunications.

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