Adbri Limited (OTCMKTS:ADBCF) Short Interest Down 61.7% in March

Adbri Limited (OTCMKTS:ADBCF) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 55,900 shares, a decline of 61.7% from the March 15th total of 146,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Adbri Price Performance

ADBCF stock opened at $2.05 on Friday. The firm has a 50-day simple moving average of $2.05 and a 200-day simple moving average of $1.78. Adbri has a 52 week low of $1.27 and a 52 week high of $2.05.

Adbri Company Profile

Adbri Limited manufactures and distributes construction materials in Australia. The company operates in two segments: Cement, Lime, Concrete and Aggregates; and Masonry. It provides cement, lime, premixed concrete, aggregates, and sand; various concrete bricks, besser blocks, pavers, and retaining wall blocks; and industrial minerals comprising agricultural lime products, stockfield minerals and fillers for glass manufacturing, and quick and hydrated lime for industrial processing and water treatment applications.