Short Interest in SuperCom Ltd. (NASDAQ:SPCB) Drops By 31.1%

SuperCom Ltd. (NASDAQ:SPCB – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 69,900 shares, a drop of 31.1% from the August 31st total of 101,500 shares. Currently, 4.5% of the company’s stock are sold short. Based on an average trading volume of [...]

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SuperCom Ltd. ( NASDAQ:SPCB – Get Free Report ) saw a large drop in short interest in September. As of September 15th, there was short interest totalling 69,900 shares, a drop of 31.

1% from the August 31st total of 101,500 shares. Currently, 4.5% of the company’s stock are sold short.



Based on an average trading volume of 221,600 shares, the short-interest ratio is presently 0.3 days. SuperCom Price Performance Shares of SPCB traded up $0.

07 during trading hours on Friday, hitting $3.82. 314,347 shares of the company were exchanged, compared to its average volume of 280,697.

The company has a debt-to-equity ratio of 2.11, a current ratio of 5.10 and a quick ratio of 4.

66. SuperCom has a one year low of $2.55 and a one year high of $22.

60. The company has a market capitalization of $2.52 million, a PE ratio of -15.

28 and a beta of 0.06. The firm has a fifty day simple moving average of $1.

69 and a 200-day simple moving average of $0.59. SuperCom ( NASDAQ:SPCB – Get Free Report ) last issued its earnings results on Thursday, August 15th.

The industrial products company reported $0.09 earnings per share (EPS) for the quarter. The company had revenue of $7.

55 million during the quarter. SuperCom had a net margin of 5.70% and a return on equity of 101.

73%. Hedge Funds Weigh In On SuperCom Analyst Ratings Changes Separately, StockNews.com began coverage on SuperCom in a report on Tuesday, August 27th.

They set a “hold” rating on the stock. View Our Latest Analysis on SPCB 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. Read More Receive News & Ratings for SuperCom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SuperCom and related companies with MarketBeat.

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