Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Update

Adtran Networks SE (OTCMKTS:ADVOF) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, a drop of 6.7% from the March 31st total of 1,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 14.0 days.

Adtran Networks Stock Performance

Shares of OTCMKTS ADVOF opened at $21.57 on Monday. The stock has a market cap of $1.12 billion, a PE ratio of 89.88 and a beta of 0.82. The business has a fifty day moving average of $21.40 and a two-hundred day moving average of $21.10. Adtran Networks has a 52-week low of $21.57 and a 52-week 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.