After Reaching Milestone, Is ASTRO AEROSPACE LTD. (OTCMKTS:ASDN)’s Short Interest Revealing Something?

September 16, 2018 - By Billy Entrekin

The stock of ASTRO AEROSPACE LTD. (OTCMKTS:ASDN) registered a decrease of 50% in short interest. ASDN’s total short interest was 11,500 shares in September as published by FINRA. Its down 50% from 23,000 shares, reported previously. With 85,300 shares average volume, it will take short sellers 0 days to cover their ASDN’s short positions.

The stock decreased 2.13% or $0.0275 during the last trading session, reaching $1.2625. About 31,984 shares traded. Astro Aerospace Ltd. (OTCMKTS:ASDN) has 0.00% since September 16, 2017 and is . It has underperformed by 15.62% the S&P500.

Astro Aerospace Ltd. develops electric vertical takeoff and landing, and aerial vehicles. The company has market cap of $104.71 million. It focuses on developing self-flying unmanned and manned vehicles. It has a 1262.5 P/E ratio.

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