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

Vecima Networks Inc. (OTCMKTS:VNWTF) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 900 shares, a drop of 18.2% from the March 15th total of 1,100 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.8 days.

Vecima Networks Stock Performance

Shares of VNWTF stock opened at $6.56 on Tuesday. The firm’s 50 day moving average is $7.41 and its 200 day moving average is $10.78. Vecima Networks has a 12 month low of $6.48 and a 12 month high of $18.50.

About Vecima Networks

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.