Actelis Networks, Inc. (NASDAQ:ASNS – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,074,952 shares, an increase of 1,609.2% from the February 26th total of 121,400 shares. Based on an average daily volume of 161,565,610 shares, the days-to-cover ratio is presently 0.0 days. Approximately 23.7% of the shares of the company are sold short. Approximately 23.7% of the shares of the company are sold short. Based on an average daily volume of 161,565,610 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on ASNS shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Actelis Networks in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of Actelis Networks to a “strong sell” rating in a report on Saturday, March 7th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.
Read Our Latest Research Report on Actelis Networks
Hedge Funds Weigh In On Actelis Networks
Actelis Networks News Summary
Here are the key news stories impacting Actelis Networks this week:
- Positive Sentiment: Signed binding term sheet to acquire Exaware, positioning Actelis to enter the AI/data‑center networking market — a strategic pivot into a higher‑growth area that can materially expand addressable market and reframe growth expectations. Article Title
- Positive Sentiment: Won an ITS (intelligent transportation system) order in Cincinnati — a concrete municipal win that supports near‑term revenue and validates the company’s hybrid fiber‑copper solutions in U.S. public infrastructure projects. Article Title
- Neutral Sentiment: Quarterly earnings expected — an upcoming report could provide clarity on execution, revenue impact from recent orders and any contribution from a potential Exaware deal; until results arrive, investors may be cautious. Article Title
- Negative Sentiment: Large, potentially destabilizing short‑interest reports and data inconsistencies — one report shows short interest jumping to ~2.07M shares (~23.7% of float) as of March 13, while other feeds show zero or NaN figures; the apparent surge in shorting can pressure the stock, increase volatility, and create investor uncertainty until filings/data are reconciled.
- Negative Sentiment: High intraday trading volume and mismatch between short‑interest feeds — today’s volume spiked well above average, which coupled with mixed data can amplify price swings and encourage short‑term profit‑taking after the acquisition news.
Actelis Networks Stock Performance
ASNS opened at $0.38 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.03. The stock’s 50 day moving average price is $0.36 and its two-hundred day moving average price is $2.35. The firm has a market capitalization of $3.29 million, a P/E ratio of -0.04 and a beta of 2.23. Actelis Networks has a 12-month low of $0.17 and a 12-month high of $10.35.
About Actelis Networks
Actelis Networks is a technology company that specializes in delivering high-performance Ethernet access solutions over existing copper and fiber infrastructure. Headquartered in Santa Clara, California, the company designs and manufactures hardware and management software that extend bandwidth capabilities without the need for full fiber deployment. Its solutions are used to bring reliable, carrier-grade connectivity to locations where installing new fiber lines would be cost-prohibitive or logistically challenging.
The company’s product portfolio centers on its MDX series of Ethernet extenders and switches.
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