Adtran Networks SE (OTCMKTS:ADVOF) Sees Large Increase in Short Interest

Adtran Networks SE (OTCMKTS:ADVOF) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 400 shares, an increase of 33.3% from the February 13th total of 300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 4.0 days.

Adtran Networks Stock Performance

ADVOF stock opened at $20.56 on Tuesday. The company’s 50 day moving average is $20.56 and its 200 day moving average is $20.51. Adtran Networks has a 1-year low of $20.19 and a 1-year 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.