RADCOM Ltd. (NASDAQ:RDCM) Short Interest Down 32.6% in January

RADCOM Ltd. (NASDAQ:RDCM - Get Free Report) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 14,700 shares, a decline of 32.6% from the January 15th total of 21,800 shares. Based on an average daily trading volume, of 90,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

RDCM has been the topic of several analyst reports. StockNews.com upgraded RADCOM from a "buy" rating to a "strong-buy" rating in a research report on Friday. Needham & Company LLC reissued a "buy" rating and set a $16.00 price target on shares of RADCOM in a report on Friday, January 17th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in RADCOM by 1,433.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,600 shares of the technology company's stock valued at $57,000 after acquiring an additional 4,300 shares during the last quarter. State of Tennessee Department of Treasury bought a new stake in RADCOM during the fourth quarter worth approximately $62,000. Prudential Financial Inc. bought a new stake in RADCOM during the fourth quarter worth approximately $183,000. Northern Trust Corp acquired a new position in RADCOM in the fourth quarter worth approximately $269,000. Finally, Citadel Advisors LLC increased its holdings in shares of RADCOM by 101.1% in the fourth quarter. Citadel Advisors LLC now owns 39,083 shares of the technology company's stock valued at $483,000 after buying an additional 19,653 shares in the last quarter. Institutional investors own 48.32% of the company's stock.

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RADCOM Stock Performance

Shares of NASDAQ:RDCM traded down $0.62 during trading on Tuesday, reaching $12.87. The company had a trading volume of 202,879 shares, compared to its average volume of 120,703. The firm's fifty day moving average is $12.88 and its 200 day moving average is $11.30. The firm has a market capitalization of $201.57 million, a PE ratio of 27.38 and a beta of 0.90. RADCOM has a twelve month low of $8.52 and a twelve month high of $15.98.

RADCOM (NASDAQ:RDCM - Get Free Report) last released its earnings results on Wednesday, February 12th. The technology company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). RADCOM had a return on equity of 8.90% and a net margin of 12.44%. Equities analysts predict that RADCOM will post 0.42 earnings per share for the current fiscal year.

RADCOM Company Profile

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.