SuperCom Ltd. (NASDAQ:SPCB) Short Interest Update

SuperCom Ltd. (NASDAQ:SPCB) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 214,600 shares, a decrease of 22.6% from the December 31st total of 277,300 shares. Currently, 14.8% of the company’s shares are sold short. Based on an average daily trading volume, of 1,100,000 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of analysts have commented on SPCB shares. Maxim Group upped their price objective on shares of SuperCom from $12.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. StockNews.com lowered shares of SuperCom from a “hold” rating to a “sell” rating in a research report on Friday, December 13th.

SuperCom Stock Performance

NASDAQ:SPCB opened at $11.53 on Friday. SuperCom has a 1 year low of $2.55 and a 1 year high of $18.95. The firm’s fifty day simple moving average is $6.64 and its 200 day simple moving average is $3.91. The company has a current ratio of 5.10, a quick ratio of 4.66 and a debt-to-equity ratio of 2.11. The firm has a market capitalization of $24.56 million, a PE ratio of -52.41 and a beta of 0.07.

About SuperCom

SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers MAGNA, a platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.