Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Update

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

Adtran Networks Price Performance

ADVOF stock opened at $20.56 on Friday. Adtran Networks has a fifty-two week low of $20.19 and a fifty-two week high of $21.70. The business’s 50-day moving average is $20.56 and its two-hundred day moving average is $20.51.

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.