Short Interest in Adtran Networks SE (OTCMKTS:ADVOF) Grows By 150.0%

Adtran Networks SE (OTCMKTS:ADVOF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 500 shares, a growth of 150.0% from the December 15th total of 200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Adtran Networks Stock Performance

OTCMKTS:ADVOF opened at $20.56 on Thursday. Adtran Networks has a 12-month low of $20.19 and a 12-month high of $21.70. The stock’s 50 day moving average price is $20.56 and its two-hundred day moving average price is $20.62.

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.