Short Interest Buzzer: A Reversal for Xtera Communications Incorporated (OTCMKTS:XCOM) Is Near. The Stock Has Decrease in Shorts

November 21, 2016 - By Hazel Jackson   ·   0 Comments

Short Interest Buzzer: A Reversal for Xtera Communications Incorporated (OTCMKTS:XCOM) Is Near. The Stock Has Decrease in Shorts

The stock of Xtera Communications Incorporated (OTCMKTS:XCOM) registered a decrease of 2.32% in short interest. XCOM’s total short interest was 1.03M shares in November as published by FINRA. Its down 2.32% from 1.05 million shares, reported previously. With 2.83 million shares average volume, it will take short sellers 0 days to cover their XCOM’s short positions. The short interest to Xtera Communications Incorporated’s float is 13.77%. About 160,515 shares traded hands. Xtera Communications Inc (OTCMKTS:XCOMQ) has declined 97.97% since April 19, 2016 and is downtrending. It has underperformed by 101.83% the S&P500.

Xtera Communications, Inc. is a United States telecommunication infrastructure company. The company has a market cap of $1.16 million. The Firm is focused on supplying terrestrial and submarine optical backbones. It currently has negative earnings. It offers optical networking solutions for network and data center operators across the world.

More important recent Xtera Communications Inc (OTCMKTS:XCOMQ) news were published by: Quotes.Wsj.com which released: “News Xtera Communications Inc.XCOM” on February 01, 2015, also Nasdaq.com published article titled: “Delisting of Securities of Xtera Communications, Inc., Lime Energy Co., Cosi …”, Streetinsider.com published: “Xtera Communications (XCOM) Reports Notice of Termination of Master …” on August 22, 2016. More interesting news about Xtera Communications Inc (OTCMKTS:XCOMQ) was released by: Reuters.com and their article: “BRIEF-Xtera Communications files for voluntary petition for chapter 11 ban…” with publication date: November 16, 2016.

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By Hazel Jackson


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