BATM Advanced Communications Ltd. (OTCMKTS:BTAVF) Sees Large Drop in Short Interest

BATM Advanced Communications Ltd. (OTCMKTS:BTAVF – Get Rating) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 12,400 shares, a decline of 92.9% from the April 30th total of 175,800 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 62.0 days.

BTAVF remained flat at $$0.48 during trading on Wednesday. The company’s fifty day moving average price is $0.62 and its 200-day moving average price is $0.82. BATM Advanced Communications has a twelve month low of $0.48 and a twelve month high of $1.28.

BATM Advanced Communications Company Profile (Get Rating)

BATM Advanced Communications Ltd., together with its subsidiaries, provides real-time technologies for networking solutions and bio-medical systems in Israel, the United States, and Europe. It operates in Networking and Cyber, and Bio-Medical divisions. The Networking and Cyber division is involved in the research and development, production, and marketing of data communication products, including network function virtualization, carrier ethernet and MPLS access solutions, and cyber network monitoring.

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