Adtran Networks SE (OTCMKTS:ADVOF) Short Interest Up 50.0% in March

Adtran Networks SE (OTCMKTS:ADVOF) saw a large 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. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.0% of the shares of the stock are sold short.

Adtran Networks Stock Performance

Shares of OTCMKTS ADVOF opened at $20.56 on Monday. The stock’s fifty day simple moving average is $20.56 and its 200 day simple moving average is $20.54. Adtran Networks has a 52-week low of $20.19 and a 52-week high of $21.70.

Adtran Networks Company Profile

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.