Short Interest in SuperCom Ltd. (NASDAQ:SPCB) Increases By 43.3%

Posted by Francis Steltz on Apr 18th, 2025

SuperCom Ltd. (NASDAQ:SPCB – Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 94,000 shares, an increase of 43.3% from the March 15th total of 65,600 shares. Based on an average daily trading volume, of 408,700 shares, the short-interest ratio is presently 0.2 days. Approximately 3.1% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Maxim Group lifted their price objective on SuperCom from $12.00 to $18.00 and gave the company a “buy” rating in a report on Tuesday, January 21st.

Check Out Our Latest Stock Report on SuperCom

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SuperCom stock. Renaissance Technologies LLC bought a new position in SuperCom Ltd. (NASDAQ:SPCB – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,300 shares of the industrial products company’s stock, valued at approximately $50,000. Renaissance Technologies LLC owned about 0.35% of SuperCom at the end of the most recent quarter. 47.81% of the stock is currently owned by institutional investors and hedge funds.

SuperCom Price Performance

SuperCom stock traded up $0.39 on Friday, reaching $6.40. The company’s stock had a trading volume of 121,040 shares, compared to its average volume of 463,833. The business’s fifty day moving average price is $7.72 and its 200 day moving average price is $6.42. The company has a debt-to-equity ratio of 2.11, a quick ratio of 4.66 and a current ratio of 5.10. The company has a market cap of $18.75 million, a price-to-earnings ratio of -29.09 and a beta of 1.00. SuperCom has a twelve month low of $2.55 and a twelve month high of $18.95.

SuperCom Company Profile

(Get Free Report)

SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers MAGNA, a platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.