Short Interest in Actelis Networks, Inc. (NASDAQ:ASNS) Declines By 13.2%

Actelis Networks, Inc. (NASDAQ:ASNS) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 257,800 shares, a decrease of 13.2% from the October 31st total of 297,000 shares. Based on an average daily volume of 645,600 shares, the short-interest ratio is currently 0.4 days. Approximately 5.0% of the company’s stock are short sold.

Actelis Networks Price Performance

Shares of NASDAQ ASNS traded up $0.03 during mid-day trading on Monday, reaching $1.26. The company had a trading volume of 47,826 shares, compared to its average volume of 1,727,272. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.42 and a quick ratio of 0.96. The firm has a market capitalization of $7.88 million, a price-to-earnings ratio of -0.98 and a beta of 2.12. Actelis Networks has a 12-month low of $0.36 and a 12-month high of $4.60.

Actelis Networks Company Profile

Actelis Networks, Inc engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication companies in North America, Europe, the Middle East, Israel, and the Asia Pacific. It provides rapid-deployment networking solutions for wide-area IoT applications, including federal, state, and local governments; intelligent traffic systems; and military, utility, rail, telecom, and campus applications.