Newest Short Interest Filing: What’s Next for Aviat Networks Incorporated (NASDAQ:AVNW) After Having More Shares Shorted?

November 25, 2016 - By Ellis Scott   ·   0 Comments

Newest Short Interest Filing: What's Next for Aviat Networks Incorporated (NASDAQ:AVNW) After Having More Shares Shorted?

The stock of Aviat Networks Incorporated (NASDAQ:AVNW) registered an increase of 13.61% in short interest. AVNW’s total short interest was 21,700 shares in November as published by FINRA. Its up 13.61% from 19,100 shares, reported previously. With 31,100 shares average volume, it will take short sellers 1 days to cover their AVNW’s short positions. The short interest to Aviat Networks Incorporated’s float is 0.57%. The stock increased 16.09% or $1.8 on November 23, hitting $12.99. Aviat Networks Inc (NASDAQ:AVNW) has risen 50.35% since April 22, 2016 and is uptrending. It has outperformed by 44.94% the S&P500.

Aviat Networks, Inc., together with its subsidiaries, is a supplier of microwave networking solutions. The company has a market cap of $79.34 million. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed , lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software. It currently has negative earnings. In addition, it provides a range of professional services enabling it to deliver turnkey networks, including design, deployment, maintenance and managed services.

AVNW Company Profile

Aviat Networks, Inc., incorporated on October 5, 2006, together with its subsidiaries, is a supplier of microwave networking solutions. The Company’s product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly-licensed and license-exempt (operating in license-exempt frequencies), and element and network management software. In addition, it provides a range of professional services enabling it to deliver turnkey networks, including design, deployment, maintenance and managed services. The Firm designs, makes and sells a range of wireless networking products, solutions and services to mobile and fixed public network operators, private network operators, Federal, State and Local government agencies, transportation, energy and utility companies, public safety agencies and broadcast network operators around the world. The Firm sells services and products directly to its clients and also use agents and resellers.

More notable recent Aviat Networks Inc (NASDAQ:AVNW) news were published by: Prnewswire.com which released: “Aviat Networks to Showcase IP/MPLS, SDN Capabilities at AfricaCom” on November 10, 2016, also Prnewswire.com with their article: “Digicel Selects Aviat Networks’ Transmission Solution” published on November 21, 2016, Prnewswire.com published: “Aviat Networks Announces First Quarter of Fiscal 2017 Financial Results” on November 14, 2016. More interesting news about Aviat Networks Inc (NASDAQ:AVNW) were released by: Prnewswire.com and their article: “Aviat Networks Provides Update on Corporate Realignment Initiatives” published on April 12, 2016 as well as Seekingalpha.com‘s news article titled: “Aviat Networks’ (AVNW) CEO Mike Pangia on Q4 2016 Results – Earnings Call …” with publication date: September 08, 2016.

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By Ellis Scott


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