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

Vecima Networks Inc. (OTCMKTS:VNWTF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 500 shares, a decline of 44.4% from the January 31st total of 900 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 0.3 days.

Vecima Networks Stock Performance

Shares of Vecima Networks stock opened at $7.65 on Tuesday. The company has a fifty day simple moving average of $9.52 and a 200-day simple moving average of $12.87. Vecima Networks has a 12-month low of $7.65 and a 12-month 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.