Not sure how much you adjusted it, but some settling is normal. I just rebuilt my front end and had same issue. With everthing new it didn't settle until after driving. It would sit higher when lowered from floor jack. Had to drive it after each adjustment to get the right ride height.

Given all that, it should raise the front-end if you tighten the adjuster. Just hard to tell the exact amount until you drive it a few miles.