Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Update

Key Points

• Nuvera Communications experienced a significant decline in short interest, dropping by 52.6% in July, with total short interest now at 900 shares.
• The company reported a quarterly loss with an EPS of (0.08), a revenue of $17.81 million, and a negative net margin of 5.83%.
• As of midday trading, Nuvera Communications' stock price remained stable at $12.25, with a market cap of $63.88 million and a PE ratio of -15.91.

Nuvera Communications, Inc. (OTCMKTS:NUVR - Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 900 shares, adropof52.6% from the July 15th total of 1,900 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is currently 0.4 days. Currently,0.0% of the shares of the company are sold short. Currently,0.0% of the shares of the company are sold short. Based on an average trading volume of 2,200 shares, the short-interest ratio is currently 0.4 days.

Nuvera Communications Price Performance

Nuvera Communications stock traded down $0.0720 during mid-day trading on Friday, hitting $12.75. The company's stock had a trading volume of 1,764 shares, compared to its average volume of 5,466. The stock's fifty day moving average price is $11.38 and its two-hundred day moving average price is $10.93. Nuvera Communications has a twelve month low of $7.25 and a twelve month high of $12.95. The company has a quick ratio of 0.72, a current ratio of 2.39 and a debt-to-equity ratio of 1.49. The stock has a market capitalization of $66.56 million, a P/E ratio of -16.56 and a beta of 0.11.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $17.81 million for 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.