Hammer Fiber Optics Holdings Corp (OTCMKTS:HMMR – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,737 shares, a growth of 158.5% from the May 14th total of 1,059 shares. Based on an average daily volume of 18,159 shares, the days-to-cover ratio is currently 0.2 days.
Hammer Fiber Optics Stock Up 63.0%
Shares of OTCMKTS HMMR traded up $0.06 during mid-day trading on Friday, reaching $0.15. 1,831 shares of the company’s stock traded hands, compared to its average volume of 16,754. The business has a 50-day simple moving average of $0.16 and a 200 day simple moving average of $0.17. Hammer Fiber Optics has a 1-year low of $0.00 and a 1-year high of $0.29.
About Hammer Fiber Optics
Hammer Fiber Optics (OTCMKTS: HMMR) is a specialized provider of fiber optic connectivity solutions focused on the design, manufacturing and distribution of cable assemblies, connectivity products and related passive infrastructure. Its product portfolio includes single-mode and multi-mode fiber optic cables, custom patch cords, MTP/MPO trunk cables and adapter panels engineered to support high-speed data transmission in demanding network environments.
In addition to its core hardware offerings, Hammer Fiber Optics delivers engineering and technical support services that span system design, installation guidance and performance testing.
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