Short Interest in Adtran Networks SE (OTCMKTS:ADVOF) Expands By 33.3%

Adtran Networks SE (OTCMKTS:ADVOF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 400 shares, a growth of 33.3% from the February 13th total of 300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 100 shares, the short-interest ratio is currently 4.0 days.

Adtran Networks Stock Performance

OTCMKTS ADVOF opened at $20.56 on Monday. Adtran Networks has a 1 year low of $20.19 and a 1 year high of $21.70. The company has a fifty day moving average of $20.56 and a two-hundred day moving average of $20.51.

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.