ADVA Optical (OTCMKTS:ADVOF – Get Free Report) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 3,322 shares, an increase of 15,000.0% from the October 15th total of 22 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 18 shares, the days-to-cover ratio is presently 184.6 days.
ADVA Optical Price Performance
ADVOF stock remained flat at $24.09 during midday trading on Tuesday. ADVA Optical has a 52-week low of $20.85 and a 52-week high of $24.61. The firm’s fifty day moving average is $24.17 and its two-hundred day moving average is $24.18.
About ADVA Optical
ADVA Optical Networking is a telecommunications equipment provider known for technologies that help businesses and service providers build and operate high-capacity communications networks. Its portfolio has included optical transport systems, Ethernet access and packet networking equipment, and network synchronization solutions. The company’s products and software support applications such as connecting data centers, expanding broadband and carrier networks, and maintaining precise timing for communications infrastructure.
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