Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Up 150.0% in December

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

Adtran Networks Price Performance

Shares of ADVOF stock opened at $20.56 on Tuesday. Adtran Networks has a fifty-two week low of $20.19 and a fifty-two week high of $21.70. The firm’s 50 day moving average price is $20.56 and its two-hundred day moving average price is $20.63.

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.