Vecima Networks Inc. (OTCMKTS:VNWTF) Sees Significant Decrease in Short Interest

Vecima Networks Inc. (OTCMKTS:VNWTF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a decline of 96.7% from the December 31st total of 6,100 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 0.1 days.

Vecima Networks Stock Performance

OTCMKTS:VNWTF opened at $9.84 on Friday. The firm’s fifty day simple moving average is $10.95 and its 200 day simple moving average is $13.94. Vecima Networks has a twelve month low of $9.84 and a twelve month 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.