SuperCom Ltd. (NASDAQ:SPCB) Short Interest Update

SuperCom Ltd. (NASDAQ:SPCBGet Free Report) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 25,700 shares, an increase of 56.7% from the November 30th total of 16,400 shares. Based on an average trading volume of 98,600 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.7% of the company’s shares are sold short.

SuperCom Trading Up 69.3 %

Shares of SPCB traded up $2.66 during trading on Monday, reaching $6.50. 1,630,483 shares of the company traded hands, compared to its average volume of 238,403. The stock has a 50-day simple moving average of $3.46 and a 200-day simple moving average of $2.28. The stock has a market cap of $4.32 million, a PE ratio of -29.54 and a beta of 0.14. SuperCom has a twelve month low of $2.55 and a twelve month high of $10.90. The company has a quick ratio of 4.66, a current ratio of 5.10 and a debt-to-equity ratio of 2.11.

Analysts Set New Price Targets

Separately, StockNews.com cut SuperCom from a “hold” rating to a “sell” rating in a report on Friday, December 13th.

View Our Latest Stock Report on SPCB

About SuperCom

(Get Free Report)

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.

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