SuperCom Ltd. (NASDAQ:SPCB – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 534,200 shares, a growth of 82.7% from the June 15th total of 292,400 shares. Based on an average trading volume of 8,580,000 shares, the days-to-cover ratio is presently 0.1 days.
SuperCom Price Performance
NASDAQ:SPCB opened at $0.18 on Friday. The company has a current ratio of 5.27, a quick ratio of 4.81 and a debt-to-equity ratio of 7.05. SuperCom has a 52-week low of $0.15 and a 52-week high of $1.19. The stock has a 50-day simple moving average of $0.20 and a 200 day simple moving average of $0.22.
SuperCom (NASDAQ:SPCB – Get Free Report) last posted its quarterly earnings data on Monday, April 22nd. The industrial products company reported $0.26 earnings per share (EPS) for the quarter. The business had revenue of $5.67 million during the quarter. SuperCom had a positive return on equity of 99.92% and a negative net margin of 6.33%.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on SuperCom in a report on Wednesday. They issued a “sell” rating for the company.
Get Our Latest Stock Analysis on SPCB
About SuperCom
SuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. The company operates in three segments: e-Gov, IoT and Connectivity, and Cyber Security. It offers MAGNA, a platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management.
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