Westell Technologies, Inc. (OTCMKTS:WSTL – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 9,741 shares, a growth of 80.0% from the August 15th total of 5,411 shares. Based on an average daily trading volume, of 16,576 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are short sold.
Westell Technologies Trading Up 1.3%
Shares of OTCMKTS:WSTL opened at $6.30 on Friday. The stock has a 50 day moving average of $6.52 and a 200 day moving average of $6.58. The company has a market cap of $99.64 million, a PE ratio of -11.25 and a beta of 0.97. The company has a current ratio of 5.05, a quick ratio of 3.99 and a debt-to-equity ratio of 0.03. Westell Technologies has a 12-month low of $4.65 and a 12-month high of $7.96.
Westell Technologies Company Profile
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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