RADCOM Ltd. (NASDAQ:RDCM) Short Interest Update

RADCOM Ltd. (NASDAQ:RDCM) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,700 shares, a decline of 15.9% from the November 15th total of 4,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 54,300 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of RADCOM from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 4th.

Institutional Trading of RADCOM

A hedge fund recently raised its stake in RADCOM stock. Janney Montgomery Scott LLC lifted its position in shares of RADCOM Ltd. (NASDAQ:RDCM) by 30.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 304,064 shares of the technology company’s stock after acquiring an additional 70,544 shares during the quarter. Janney Montgomery Scott LLC owned approximately 1.94% of RADCOM worth $3,144,000 at the end of the most recent quarter. 48.32% of the stock is owned by hedge funds and other institutional investors.

RADCOM Stock Down 2.1 %

Shares of RDCM stock opened at $11.66 on Friday. The firm has a market cap of $182.60 million, a P/E ratio of 24.81 and a beta of 0.89. The company has a 50 day moving average of $11.13 and a 200-day moving average of $10.17. RADCOM has a 12-month low of $7.70 and a 12-month high of $12.84.

RADCOM Company Profile

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.