Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Update

Adtran Networks SE (OTCMKTS:ADVOF) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, an increase of 150.0% from the December 31st total of 200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Adtran Networks Stock Performance

Shares of Adtran Networks stock opened at $20.56 on Wednesday. The business’s fifty day moving average price is $20.56 and its 200 day moving average price is $20.56. Adtran Networks has a twelve month low of $20.19 and a twelve month high of $21.70.

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.