Short Interest in Nuvera Communications, Inc. (OTCMKTS:NUVR) Declines By 82.7%

Nuvera Communications, Inc. (OTCMKTS:NUVR) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 87 shares, a drop of 82.7% from the July 30th total of 502 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,467 shares, the short-interest ratio is presently 0.1 days.

Nuvera Communications Stock Performance

Shares of OTCMKTS NUVR remained flat at $17.20 during trading on Wednesday. The company’s stock had a trading volume of 661 shares, compared to its average volume of 2,248. The firm has a market cap of $90.13 million, a PE ratio of 86.00 and a beta of 0.14. The company has a 50-day moving average price of $17.43 and a two-hundred day moving average price of $15.92. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.54 and a current ratio of 1.90. Nuvera Communications has a twelve month low of $11.25 and a twelve month high of $18.18.

Nuvera Communications (OTCMKTS:NUVR) last issued its earnings results on Friday, August 14th. The company reported ($0.03) EPS for the quarter. The company had revenue of $17.66 million during the quarter. Nuvera Communications had a return on equity of 1.19% and a net margin of 1.58%.

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. It also provides video services, including commercial TV programming, cable television services, and video-on-demand services; data services for business and residential customers; email and managed services comprising web hosting and design, online file back up, and online file storage; directory assistance, operator service, and long-distance private lines; directory publishing, bill processing, and other customer services; and fiber-delivered communications and managed information technology solutions, as well as sells and services customer premise equipment.