SuperCom Ltd (SPCB): Short Interest of SuperCom, Ltd. Increa...

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Tuesday, 04/14/2015 2:03:52 PM

Tuesday, April 14, 2015 2:03:52 PM

Short Interest of SuperCom, Ltd. Increases by 44.2%

by Steve Anderson on April 14, 2015

The short interest in SuperCom, Ltd. (NASDAQ:SPCB) has increased from 117,649 on March 13,2015 to 169,684 on March 31,2015 . The change was measured at 52,035 shares or 44.2%. The leftover shorts were 2.1% of the floated shares. The days to cover are 1, given the average daily volume of 202,645 shares.

SuperCom, Ltd. (NASDAQ:SPCB) edged up 4.99% or 0.47 points in todays market. With a volume of 248,563 shares, the stock ended near the highest point of the day at $9.89. In the range-bound session, the stock hit a high of $10.03 and a low of $9.28. The opening trade was executed at $9.46. The shares had ended the previous session at $9.42. The counter has a 52-week high registered at $14.15 and a 52-week low of $6.41. As per the latest information, the company has a market cap of $132 million with approximately 13,304,000 outstanding shares.