Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Up 241.3% in May

Nuvera Communications, Inc. (OTCMKTS:NUVR) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,024 shares, an increase of 241.3% from the May 14th total of 300 shares. Based on an average trading volume of 19,474 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Nuvera Communications Price Performance

Shares of Nuvera Communications stock traded up $0.04 on Friday, reaching $17.89. 1,312 shares of the stock were exchanged, compared to its average volume of 7,672. The firm’s 50 day moving average is $16.17 and its 200-day moving average is $14.44. Nuvera Communications has a one year low of $10.26 and a one year high of $17.99. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.58 and a current ratio of 2.28. The firm has a market cap of $93.73 million, a PE ratio of 119.25 and a beta of 0.15.

Nuvera Communications (OTCMKTS:NUVR) last released its quarterly earnings data on Friday, May 15th. The company reported $0.29 earnings per share (EPS) for the quarter. The business had revenue of $18.43 million during the quarter. Nuvera Communications had a net margin of 1.21% and a return on equity of 0.92%.

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. 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.