Short Interest in Vecima Networks Inc. (OTCMKTS:VNWTF) Drops By 96.7%

Vecima Networks Inc. (OTCMKTS:VNWTF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a decrease of 96.7% from the December 31st total of 6,100 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 0.1 days.

Vecima Networks Price Performance

Shares of VNWTF remained flat at $9.84 during trading hours on Thursday. The business’s 50 day moving average is $11.06 and its 200-day moving average is $14.01. Vecima Networks has a fifty-two week low of $9.84 and a fifty-two week high of $18.50.

About Vecima Networks

Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.