ADVA Optical (OTCMKTS:ADVOF) Stock Short Interest Rises 15,000.0%

ADVA Optical (OTCMKTS:ADVOF – Get Free Report) was the target of a significant increase in short interest during the month of 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. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 18 shares, the short-interest 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 12-month low of $20.85 and a 12-month high of $24.61. The stock’s 50 day simple moving average is $24.17 and its 200-day simple moving average is $24.18.

About ADVA Optical

(Get Free Report)

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.

See Also

Receive News & Ratings for ADVA Optical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADVA Optical and related companies with MarketBeat.com's FREE daily email newsletter.