Westell Technologies, Inc. (OTCMKTS:WSTL) Shares Shorted: Short Interest Down 54.9% in September

Westell Technologies, Inc. (OTCMKTS:WSTL) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,395 shares, a decrease of 54.9% from the August 31st total of 9,741 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 21,755 shares, the days-to-cover ratio is currently 0.2 days.

Westell Technologies Trading Down 1.0%

OTCMKTS WSTL opened at $6.10 on Tuesday. The stock has a 50-day simple moving average of $6.36 and a 200 day simple moving average of $6.64. The company has a market capitalization of $96.48 million, a PE ratio of -10.89 and a beta of 0.97. The company has a current ratio of 5.05, a quick ratio of 3.99 and a debt-to-equity ratio of 0.03. Westell Technologies has a 12 month low of $4.65 and a 12 month high of $7.96.

About Westell Technologies

Westell Technologies, Inc develops and supplies infrastructure products and solutions for wireless communications networks. Its offerings have included small-cell systems, in-building wireless equipment, and intelligent site-management solutions designed to improve wireless coverage, capacity, monitoring, and network performance.

The company has served wireless carriers, communications infrastructure providers, enterprise customers, and other organizations that require reliable indoor and outdoor connectivity.