The Elmet Group closed at $20.13 on Nov 4, down 8.75%, 16.4% below its highest close since Sep 11. Volume of 1.2M shares was 2.93× its 20-day average (well above normal).
Split-adjusted performance: -13.1% over one month.
In the quarter ended Jul 3, 2026, revenue was $66.40M, with a net margin of -6.8%.
Short interest was 1.9M shares at the Oct 15 settlement, up 7.0% from the prior report (15.1% of float, 3.3 days to cover).