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

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 87 shares, a decrease of 82.7% from the July 30th total of 502 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,467 shares, the short-interest ratio is currently 0.1 days.

Nuvera Communications Stock Performance

Shares of OTCMKTS NUVR remained flat at $17.20 during mid-day trading on Thursday. Nuvera Communications has a 52-week low of $11.25 and a 52-week high of $18.18. The company has a quick ratio of 0.54, a current ratio of 1.90 and a debt-to-equity ratio of 1.47. The company’s 50-day simple moving average is $17.42 and its two-hundred day simple moving average is $15.95. The company has a market capitalization of $90.13 million, a P/E ratio of 86.00 and a beta of 0.14.

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

Nuvera Communications Company Profile

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.