RADCOM Ltd. (NASDAQ:RDCM) Short Interest Up 246.3% in February

RADCOM Ltd. (NASDAQ:RDCM - Get Free Report) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 50,900 shares, a growth of 246.3% from the January 31st total of 14,700 shares. Based on an average daily trading volume, of 92,500 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Needham & Company LLC reiterated a "buy" rating and set a $16.00 price objective on shares of RADCOM in a research note on Friday, January 17th. StockNews.com lowered RADCOM from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 26th.

Institutional Trading of RADCOM

Several large investors have recently added to or reduced their stakes in RDCM. Legato Capital Management LLC bought a new position in shares of RADCOM in the fourth quarter worth $848,000. Janney Montgomery Scott LLC lifted its holdings in RADCOM by 30.2% in the third quarter. Janney Montgomery Scott LLC now owns 304,064 shares of the technology company's stock worth $3,144,000 after purchasing an additional 70,544 shares during the period. Acuitas Investments LLC grew its position in RADCOM by 21.6% in the 4th quarter. Acuitas Investments LLC now owns 183,498 shares of the technology company's stock valued at $2,268,000 after buying an additional 32,631 shares in the last quarter. JPMorgan Chase & Co. increased its stake in RADCOM by 1,433.3% during the 4th quarter. JPMorgan Chase & Co. now owns 4,600 shares of the technology company's stock valued at $57,000 after buying an additional 4,300 shares during the period. Finally, State of Tennessee Department of Treasury bought a new stake in shares of RADCOM during the 4th quarter worth about $62,000. 48.32% of the stock is currently owned by institutional investors and hedge funds.

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RADCOM Stock Down 4.9 %

RDCM stock traded down $0.59 during mid-day trading on Monday, reaching $11.54. The company had a trading volume of 115,525 shares, compared to its average volume of 114,239. RADCOM has a one year low of $8.52 and a one year high of $15.98. The stock has a market capitalization of $180.74 million, a P/E ratio of 26.23 and a beta of 0.90. The stock's 50-day simple moving average is $13.03 and its two-hundred day simple moving average is $11.49.

RADCOM (NASDAQ:RDCM - Get Free Report) last posted its earnings results on Wednesday, February 12th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). RADCOM had a net margin of 11.42% and a return on equity of 8.18%. On average, research analysts forecast that RADCOM will post 0.54 EPS 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.