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

Adtran Networks SE (OTCMKTS:ADVOF) saw 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. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Adtran Networks Price Performance

Shares of OTCMKTS ADVOF opened at $20.56 on Tuesday. Adtran Networks has a 1 year low of $20.19 and a 1 year high of $21.70. The business has a 50-day moving average of $20.56 and a two-hundred day moving average of $20.54.

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.