Vecima Networks Inc. (OTCMKTS:VNWTF) Sees Large Increase in Short Interest

Vecima Networks Inc. (OTCMKTS:VNWTF) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 900 shares, a growth of 350.0% from the January 15th total of 200 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 0.9 days.

Vecima Networks Stock Down 3.3 %

OTCMKTS:VNWTF traded down $0.28 during trading hours on Wednesday, hitting $8.33. 100 shares of the company were exchanged, compared to its average volume of 1,094. Vecima Networks has a 52-week low of $8.33 and a 52-week high of $18.50. The company’s 50 day moving average price is $10.50 and its 200-day moving average price is $13.60.

Vecima Networks Company Profile

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.