Vecima Networks Inc. (OTCMKTS:VNWTF) Short Interest Up 83.3% in March

Vecima Networks Inc. (OTCMKTS:VNWTF) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, an increase of 83.3% from the February 28th total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 5.5 days.

Vecima Networks Stock Down 2.1 %

Shares of VNWTF opened at $7.08 on Monday. The business’s 50 day moving average is $8.35 and its two-hundred day moving average is $11.91. Vecima Networks has a 52-week low of $7.08 and a 52-week high of $18.50.

About Vecima Networks

Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.