ADVA Optical (OTCMKTS:ADVOF) Short Interest Update

ADVA Optical (OTCMKTS:ADVOF) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,000 shares, anincreaseof233.3% from the July 15th total of 300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

ADVA Optical Stock Performance

OTCMKTS ADVOF opened at $24.10 on Friday. The firm has a 50-day moving average of $23.09 and a 200-day moving average of $21.53. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.16 and a current ratio of 2.08. ADVA Optical has a 52-week low of $20.85 and a 52-week high of $24.61.

ADVA Optical Company Profile

Adtran Networks SE engages in the development, manufacture, and sale optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators.