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

Adtran Networks SE (OTCMKTS:ADVOF - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, an increase of 150.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Adtran Networks Price Performance

ADVOF remained flat at $20.56 during trading on Friday. The firm's fifty day simple moving average is $20.56 and its 200-day simple moving average is $20.55. Adtran Networks has a 52 week low of $20.19 and a 52 week high of $21.70.

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.