Comtech Telecommunications Corp. (NASDAQ:CMTL) Sees Large Decrease in Short Interest

Posted by on Jul 3rd, 2026

Comtech Telecommunications Corp. (NASDAQ:CMTL – Get Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 224,681 shares, a decrease of 35.1% from the May 31st total of 346,164 shares. Based on an average daily trading volume, of 780,968 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.8% of the company’s stock are sold short.

Analyst Ratings Changes

CMTL has been the topic of several recent analyst reports. Weiss Ratings cut Comtech Telecommunications from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday. Wall Street Zen lowered shares of Comtech Telecommunications from a “hold” rating to a “sell” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Check Out Our Latest Stock Analysis on CMTL

Comtech Telecommunications Stock Performance

Shares of Comtech Telecommunications stock remained flat at $1.93 during mid-day trading on Friday. 530,530 shares of the company’s stock traded hands, compared to its average volume of 1,109,914. Comtech Telecommunications has a 1 year low of $1.80 and a 1 year high of $6.21. The firm’s 50 day moving average is $3.78 and its 200-day moving average is $4.44. The stock has a market capitalization of $57.82 million, a P/E ratio of -0.87 and a beta of 1.51. The company has a quick ratio of 1.19, a current ratio of 1.61 and a debt-to-equity ratio of 4.02.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CMTL. QVT Financial LP increased its position in shares of Comtech Telecommunications by 41.4% during the 4th quarter. QVT Financial LP now owns 1,392,352 shares of the communications equipment provider’s stock valued at $6,997,000 after purchasing an additional 407,998 shares during the last quarter. Potomac Capital Management Inc. bought a new stake in shares of Comtech Telecommunications during the 4th quarter worth $851,000. JPMorgan Chase & Co. boosted its holdings in shares of Comtech Telecommunications by 87.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 117,965 shares of the communications equipment provider’s stock worth $289,000 after buying an additional 54,879 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Comtech Telecommunications by 11.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 77,256 shares of the communications equipment provider’s stock worth $409,000 after buying an additional 7,786 shares during the last quarter. Finally, Walleye Capital LLC bought a new position in Comtech Telecommunications during the fourth quarter valued at about $520,000.

About Comtech Telecommunications

(Get Free Report)

Comtech Telecommunications Corporation (NASDAQ:CMTL), founded in 1969 and headquartered in Melville, New York, is a leading global provider of advanced communications solutions. The company designs, develops, and deploys equipment, systems, and services that enable secure and reliable transmission of voice, video, and data. Over its history, Comtech has built a reputation for innovation across satellite communications, wireless data systems, and public safety networks, serving both commercial and government customers worldwide.

Comtech operates through two primary business segments: Commercial Solutions and Government Solutions.

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