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

Key Points

• Short interest fell 29.2% to 363 shares as of March 13 from 513 on February 26, leaving a days-to-cover ratio of 0.2 based on average daily volume and effectively 0.0% of shares reported sold short.
• Shares were flat at $13.50, trading within a 52-week range of $9.60–$15.00 with a market cap of $70.47 million, a P/E of 270.05 and a beta of 0.01.
• Reported ($0.01) EPS for the quarter on $18.06 million of revenue, with a net margin of 0.46% and return on equity of 0.35%.

Nuvera Communications, Inc. (OTCMKTS:NUVR - Get Free Report) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 363 shares, a decline of 29.2% from the February 26th total of 513 shares. Based on an average daily volume of 1,637 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's stock are sold short.

Nuvera Communications Stock Performance

Shares of Nuvera Communications stock remained flat at $13.50 on Friday. Nuvera Communications has a 52 week low of $9.60 and a 52 week high of $15.00. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.38 and a current ratio of 1.47. The company has a market cap of $70.47 million, a price-to-earnings ratio of 270.05 and a beta of 0.01. The firm's 50-day moving average price is $13.64 and its two-hundred day moving average price is $13.14.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) last issued its quarterly earnings results on Monday, March 16th. The company reported ($0.01) EPS for the quarter. Nuvera Communications had a return on equity of 0.35% and a net margin of 0.46%.The company had revenue of $18.06 million for the quarter.

Nuvera Communications Company Profile

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. It also provides video services, including commercial TV programming, cable television services, and video-on-demand services; data services for business and residential customers; email and managed services comprising web hosting and design, online file back up, and online file storage; directory assistance, operator service, and long-distance private lines; directory publishing, bill processing, and other customer services; and fiber-delivered communications and managed information technology solutions, as well as sells and services customer premise equipment.

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