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

Vecima Networks Inc. (OTCMKTS:VNWTFGet Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 76 shares, an increase of 7,500.0% from the May 31st total of 1 shares. Based on an average daily volume of 123 shares, the short-interest ratio is presently 0.6 days.

Vecima Networks Price Performance

OTCMKTS VNWTF opened at $9.19 on Friday. The company has a fifty day simple moving average of $9.58 and a two-hundred day simple moving average of $8.61. Vecima Networks has a 12-month low of $6.53 and a 12-month high of $10.38.

Vecima Networks Company Profile

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Vecima Networks Inc, headquartered in Victoria, British Columbia, is a technology company specializing in network content delivery, broadband access and wireless video solutions. Since its incorporation in 1988, the company has developed hardware and software platforms that enable cable operators, broadband service providers and enterprise customers to deploy high-performance video streaming, data transport and content management services.

The company’s product portfolio spans three key business segments.

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