Vecima Networks Inc. (OTCMKTS:VNWTF) Sees Significant Decrease in Short Interest

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

Vecima Networks Stock Performance

Shares of VNWTF stock opened at $9.84 on Friday. The firm’s fifty day moving average price is $10.95 and its two-hundred day moving average price is $13.94. Vecima Networks has a 1 year low of $9.84 and a 1 year 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.