Adtran Networks SE (OTCMKTS:ADVOF) Sees Significant Growth in Short Interest

Adtran Networks SE (OTCMKTS:ADVOF - Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 400 shares, an increase of 33.3% from the February 13th total of 300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 4.0 days. Approximately 0.0% of the company's stock are sold short.

Adtran Networks Stock Performance

OTCMKTS ADVOF remained flat at $20.56 on Wednesday. Adtran Networks has a 52-week low of $20.19 and a 52-week high of $21.70. The business's fifty day moving average price is $20.56 and its 200-day moving average price is $20.51.

Adtran Networks Company Profile

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.