SuperCom Ltd. (NASDAQ:SPCB) Short Interest Update

by · The Markets Daily

SuperCom Ltd. (NASDAQ:SPCB – Get Free Report) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 16,400 shares, a drop of 65.8% from the November 15th total of 48,000 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily volume of 100,700 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of SuperCom from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Get Our Latest Stock Report on SPCB

SuperCom Stock Performance

Shares of SuperCom stock traded down $0.09 during trading on Wednesday, hitting $3.35. 29,528 shares of the stock were exchanged, compared to its average volume of 239,874. SuperCom has a 1-year low of $2.55 and a 1-year high of $10.90. The stock has a market capitalization of $2.21 million, a price-to-earnings ratio of -15.64 and a beta of 0.14. The company has a fifty day moving average price of $3.49 and a 200-day moving average price of $1.98. The company has a current ratio of 5.10, a quick ratio of 4.66 and a debt-to-equity ratio of 2.11.

About SuperCom

(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.

Further Reading