Optiva Inc. (OTCMKTS:RKNEF) Sees Significant Increase in Short Interest

Optiva Inc. (OTCMKTS:RKNEF) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 4,000 shares, an increase of 566.7% from the March 15th total of 600 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is currently 1.8 days.

Optiva Price Performance

Shares of OTCMKTS:RKNEF traded up $0.15 on Wednesday, hitting $1.33. 1,000 shares of the company traded hands, compared to its average volume of 1,326. The stock has a 50 day simple moving average of $2.46 and a 200-day simple moving average of $3.35. Optiva has a 52 week low of $0.76 and a 52 week high of $4.54.

About Optiva

Optiva Inc provides cloud-native monetization and business support systems products to communication service providers (CSP) in Europe, the Middle East, Africa, North America, Latin America, the Caribbean, Asia, and the Pacific Rim. The company’s cloud-native real-time converged charging and billing platform delivers a software platform, such as real-time charging, rating, billing, product catalog, policy management, and customer care for any digital services of a CSP.