Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Up 50.0% in March

Adtran Networks SE (OTCMKTS:ADVOF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 600 shares, a growth of 50.0% from the February 28th total of 400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Adtran Networks Stock Performance

OTCMKTS:ADVOF opened at $20.56 on Friday. The company’s 50-day moving average price is $20.56 and its two-hundred day moving average price is $20.53. Adtran Networks has a 12 month low of $20.19 and a 12 month high of $21.70.

About Adtran Networks

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.