ADVA Optical (OTCMKTS:ADVOF – Get Free Report) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 353 shares, a decline of 86.8% from the July 30th total of 2,680 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.
ADVA Optical Stock Performance
Shares of ADVOF stock opened at $24.19 on Friday. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 109.95 and a beta of 0.13. ADVA Optical has a one year low of $20.85 and a one year high of $24.61. The company’s 50-day moving average is $24.19 and its 200 day moving average is $24.19.
ADVA Optical Company Profile
ADVA Optical Networking SE (OTCMKTS:ADVOF) is a Germany-based technology company that designs, develops and sells advanced optical networking solutions. Founded in 1994 and headquartered in Martinsried near Munich, ADVA focuses on delivering high-performance fiber-optic transmission systems, network access products and synchronization technology for telecommunications carriers, data center operators and enterprises.
The company’s flagship FSP platform supports multilayer transport for data, storage, voice and video services, leveraging Dense Wavelength Division Multiplexing (DWDM) to maximize network capacity.
Featured Stories
- Five stocks we like better than ADVA Optical
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
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.
