Adtran Networks SE (OTCMKTS:ADVOF - Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a decline of 36.0% from the March 31st total of 2,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 16.0 days. Approximately 0.0% of the company's stock are short sold.
Adtran Networks Price Performance
Adtran Networks stock remained flat at $20.85 during mid-day trading on Thursday. Adtran Networks has a twelve month low of $20.19 and a twelve month high of $21.70. The company has a fifty day simple moving average of $20.67 and a two-hundred day simple moving average of $20.59.
About Adtran Networks
(
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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.
Further Reading
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