PowerShares S&P SmallCap Materials ETF (PSCM) Trades at $52.01 After Triangle; Rada Electronic Industries LTD. – Ordinary Shares (RADA) Shorts Raised By 30.15%

Rada Electronic Industries LTD. – Ordinary Shares (NASDAQ:RADA) had an increase of 30.15% in short interest. RADA’s SI was 953,200 shares in May as released by FINRA. Its up 30.15% from 732,400 shares previously. With 175,300 avg volume, 5 days are for Rada Electronic Industries LTD. – Ordinary Shares (NASDAQ:RADA)’s short sellers to cover RADA’s short positions. The SI to Rada Electronic Industries LTD. – Ordinary Shares’s float is 5.01%. The stock decreased 0.41% or $0.01 during the last trading session, reaching $2.4. About 153,713 shares traded. RADA Electronic Industries Ltd. (NASDAQ:RADA) has risen 95.65% since May 15, 2017 and is uptrending. It has outperformed by 84.10% the S&P500.

PowerShares S&P SmallCap Materials ETF (PSCM) formed triangle with $54.09 target or 4.00% above today’s $52.01 share price. PowerShares S&P SmallCap Materials ETF (PSCM) has $30.65M valuation. The ETF increased 0.31% or $0.16 during the last trading session, reaching $52.01. About 2,475 shares traded. PowerShares S&P SmallCap Materials ETF (NASDAQ:PSCM) has risen 8.45% since May 16, 2017 and is uptrending. It has underperformed by 3.10% the S&P500.

RADA Electronic Industries Ltd. develops, makes, markets, and sells defense electronics to various air forces and companies worldwide. The company has market cap of $78.92 million. The firm offers military avionics systems, including flight data recorders for fighter aircraft; digital video/audio/data recorders with data transfer functions; high-rate data recorders for aircraft and airborne pods; video recorders and airborne data servers; a range of head-up-displays color video cameras for fighter aircraft; and various ground debriefing solutions. It has a 30.77 P/E ratio. It also provides avionics solutions comprising integrated avionics upgrade suites for fighters and mission aircraft; mission and display computers; weapon management systems; data interface and processing computers; mission data recorders and debriefing solutions; HUD video cameras; and avionics for unmanned aircraft vehicles .

Another recent and important RADA Electronic Industries Ltd. (NASDAQ:RADA) news was published by Nasdaq.com which published an article titled: “RADA Schedules First Quarter 2018 Results Release & Conference Call on Wednesday, May 23, 2018” on May 08, 2018.