Nuvera Communications, Inc. (OTCMKTS:NUVR) Sees Significant Drop in Short Interest

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totaling 300 shares, adecreaseof66.7% from the July 31st total of 900 shares. Based on an average trading volume of 8,900 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 8,900 shares, the short-interest ratio is presently 0.0 days.

Nuvera Communications Stock Performance

Shares of NUVR opened at $12.88 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.60 and a current ratio of 2.39. The stock has a market capitalization of $67.17 million, a P/E ratio of -16.73 and a beta of 0.11. The company’s fifty day moving average is $11.75 and its two-hundred day moving average is $11.07. Nuvera Communications has a 1 year low of $7.25 and a 1 year high of $12.95.

Nuvera Communications (OTCMKTS:NUVR) last announced its quarterly earnings data on Thursday, August 14th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $17.81 million during the quarter. Nuvera Communications had a negative net margin of 5.83% and a positive return on equity of 0.89%.

About Nuvera Communications

Nuvera Communications, Inc operates as a diversified communications company in the United States. The company offers broadband Internet access and voice over Internet protocol (VoIP) phone services; voice services to make and receive telephone calls within a defined local calling area; and network access services to other communication carriers for the use of its facilities to terminate or originate long distance calls on its fiber network.