Nuvera Communications, Inc. (OTCMKTS:NUVR) Sees Significant Growth in Short Interest

Nuvera Communications, Inc. (OTCMKTS:NUVR) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the September 15th total of 100 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is currently 0.5 days.

Nuvera Communications Stock Performance

Shares of NUVR traded up $0.02 during midday trading on Friday, reaching $8.40. The stock had a trading volume of 4,475 shares, compared to its average volume of 2,276. The firm has a 50 day simple moving average of $7.93 and a 200-day simple moving average of $8.93. Nuvera Communications has a one year low of $7.03 and a one year high of $12.20. The firm has a market cap of $43.51 million, a PE ratio of -5.71 and a beta of 0.29. The company has a current ratio of 2.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.32.

Nuvera Communications (OTCMKTS:NUVR) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.08) EPS for the quarter. Nuvera Communications had a negative net margin of 11.27% and a positive return on equity of 1.71%. The firm had revenue of $17.18 million during the quarter.

Nuvera Communications Company Profile

Nuvera Communications, Inc operates as a diversified communications company in the United States. The company offers broadband Internet access and voice over Internet protocol (VoIP) phone services; voice services to make and receive telephone calls within a defined local calling area; and network access services to other communication carriers for the use of its facilities to terminate or originate long distance calls on its fiber network.