Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Down 36.0% in April

Adtran Networks SE (OTCMKTS:ADVOF - Get Free Report) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a drop of 36.0% from the March 31st total of 2,500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 16.0 days.

Adtran Networks Price Performance

ADVOF remained flat at $20.85 during mid-day trading on Friday. The firm's fifty day moving average price is $20.68 and its 200 day moving average price is $20.60. Adtran Networks has a twelve month low of $20.19 and a twelve month high of $21.70.

Adtran Networks Company Profile

Adtran Networks SE engages in the development, manufacture, and sale optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators.