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

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 513 shares, a growth of 63.9% from the February 12th total of 313 shares. Based on an average trading volume of 1,027 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,027 shares, the days-to-cover ratio is currently 0.5 days.

Nuvera Communications Stock Performance

Nuvera Communications stock traded down $0.86 during midday trading on Friday, reaching $13.14. 2,600 shares of the company traded hands, compared to its average volume of 525. Nuvera Communications has a 12 month low of $9.60 and a 12 month high of $15.00. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.77 and a quick ratio of 0.49. The business has a 50 day moving average of $13.58 and a two-hundred day moving average of $13.10. The firm has a market capitalization of $68.59 million, a price-to-earnings ratio of -15.64 and a beta of 0.01.

About Nuvera Communications

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. It also provides video services, including commercial TV programming, cable television services, and video-on-demand services; data services for business and residential customers; email and managed services comprising web hosting and design, online file back up, and online file storage; directory assistance, operator service, and long-distance private lines; directory publishing, bill processing, and other customer services; and fiber-delivered communications and managed information technology solutions, as well as sells and services customer premise equipment.