Westell Technologies, Inc. (OTCMKTS:WSTL) Stock Short Interest Declines 54.9%

by · The Markets Daily

Westell Technologies, Inc. (OTCMKTS:WSTL – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 4,395 shares, a decrease of 54.9% from the August 31st total of 9,741 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 21,755 shares, the short-interest ratio is currently 0.2 days.

Westell Technologies Price Performance

Westell Technologies stock opened at $6.10 on Wednesday. The firm has a market capitalization of $96.48 million, a P/E ratio of -10.89 and a beta of 0.97. Westell Technologies has a one year low of $4.65 and a one year high of $7.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.05 and a quick ratio of 3.99. The business has a fifty day moving average price of $6.34 and a 200-day moving average price of $6.64.

About Westell Technologies

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Westell Technologies, Inc develops and supplies infrastructure products and solutions for wireless communications networks. Its offerings have included small-cell systems, in-building wireless equipment, and intelligent site-management solutions designed to improve wireless coverage, capacity, monitoring, and network performance.

The company has served wireless carriers, communications infrastructure providers, enterprise customers, and other organizations that require reliable indoor and outdoor connectivity.

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