Short Interest in Adtran Networks SE (OTCMKTS:ADVOF) Rises By 50.0%

Adtran Networks SE (OTCMKTS:ADVOF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a growth of 50.0% from the February 28th total of 400 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Adtran Networks Stock Performance

Shares of Adtran Networks stock opened at $20.56 on Tuesday. The stock has a 50 day moving average of $20.56 and a 200 day moving average of $20.54. Adtran Networks has a fifty-two week low of $20.19 and a fifty-two week high of $21.70.

About Adtran Networks

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.