Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Update

Adtran Networks SE (OTCMKTS:ADVOF) saw a large growth in short interest in 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

Adtran Networks stock opened at $20.56 on Wednesday. The business’s 50 day simple moving average is $20.56 and its 200 day simple moving average is $20.62. Adtran Networks has a 12 month low of $20.19 and a 12 month 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.