Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Down 52.6% in July

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) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 900 shares, adeclineof52.6% from the July 15th total of 1,900 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 0.4 days. Currently,0.0% of the shares of the stock are short sold.

Nuvera Communications Stock Performance

NUVR stock remained flat at $12.25 during midday trading on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.72 and a current ratio of 3.63. Nuvera Communications has a 12 month low of $7.25 and a 12 month high of $12.66. The business's fifty day moving average is $11.25 and its 200 day moving average is $10.87. The company has a market cap of $63.88 million, a PE ratio of -15.91 and a beta of 0.11.

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

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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