RADCOM Ltd. (NASDAQ:RDCM) Short Interest Down 15.9% in November

RADCOM Ltd. (NASDAQ:RDCM - Get Free Report) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 3,700 shares, a decrease of 15.9% from the November 15th total of 4,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 54,300 shares, the short-interest ratio is presently 0.1 days.

RADCOM Stock Performance

Shares of NASDAQ:RDCM traded down $0.25 on Friday, hitting $11.66. 18,077 shares of the company's stock were exchanged, compared to its average volume of 67,040. RADCOM has a 1-year low of $7.70 and a 1-year high of $12.84. The company has a market capitalization of $182.60 million, a PE ratio of 24.81 and a beta of 0.89. The firm's 50-day moving average is $11.13 and its 200 day moving average is $10.18.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of RADCOM from a "strong-buy" rating to a "buy" rating in a report on Wednesday, December 4th.

Hedge Funds Weigh In On RADCOM

A hedge fund recently raised its stake in RADCOM stock. Acadian Asset Management LLC grew its position in shares of RADCOM Ltd. (NASDAQ:RDCM - Free Report) by 6.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 95,808 shares of the technology company's stock after purchasing an additional 5,628 shares during the quarter. Acadian Asset Management LLC owned approximately 0.62% of RADCOM worth $881,000 as of its most recent filing with the SEC. 48.32% of the stock is owned by institutional investors and hedge funds.

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.