Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Down 50.0% in September

Key Points

• Nuvera Communications experienced a 50.0% decline in short interest, dropping from 200 shares to just 100 shares by September 30th.
• The company's stock price increased to $12.90 with a market cap of $67.34 million and a negative PE ratio of -16.75.
• In their latest earnings report, Nuvera posted a net loss with (0.08) earnings per share on revenue of $17.81 million.

Nuvera Communications, Inc. (OTCMKTS:NUVR - Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a decline of 50.0% from the September 15th total of 200 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is currently 0.0 days.

Nuvera Communications Price Performance

OTCMKTS NUVR traded up $0.18 on Monday, reaching $12.90. The company's stock had a trading volume of 100 shares, compared to its average volume of 2,283. The firm has a market cap of $67.34 million, a PE ratio of -16.75 and a beta of 0.11. The business has a 50-day moving average price of $12.55 and a 200 day moving average price of $11.37. Nuvera Communications has a 52 week low of $8.05 and a 52 week high of $13.15. The company has a current ratio of 2.39, a quick ratio of 0.60 and a debt-to-equity ratio of 1.49.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $17.81 million during the quarter. Nuvera Communications had a negative net margin of 5.83% and a positive return on equity of 0.89%.

About Nuvera Communications

Nuvera Communications, Inc operates as a diversified communications company in the United States. The company offers broadband Internet access and voice over Internet protocol (VoIP) phone services; voice services to make and receive telephone calls within a defined local calling area; and network access services to other communication carriers for the use of its facilities to terminate or originate long distance calls on its fiber network.

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