Nuvera Communications, Inc. (OTCMKTS:NUVR) Sees Significant Increase in Short Interest
by Teresa Graham · The Cerbat GemNuvera Communications, Inc. (OTCMKTS:NUVR – Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 599 shares, a growth of 113.2% from the December 15th total of 281 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,270 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 5,270 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Nuvera Communications Stock Performance
OTCMKTS:NUVR opened at $12.99 on Wednesday. The stock has a market capitalization of $67.81 million, a P/E ratio of -15.46 and a beta of 0.02. The company has a current ratio of 1.77, a quick ratio of 0.49 and a debt-to-equity ratio of 1.49. Nuvera Communications has a 1 year low of $9.25 and a 1 year high of $15.00. The firm has a 50 day moving average of $13.08 and a 200-day moving average of $12.47.
Nuvera Communications (OTCMKTS:NUVR – Get Free Report) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. Nuvera Communications had a negative net margin of 6.26% and a positive return on equity of 0.55%. The business had revenue of $18.04 million during the quarter.
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.