COMSovereign Holding Corp. (NASDAQ:COMSP – Get Rating) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 500 shares, a drop of 28.6% from the June 30th total of 700 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 0.2 days.
COMSovereign Price Performance
Shares of COMSovereign stock opened at $2.33 on Friday. The business's fifty day simple moving average is $4.60. COMSovereign has a 1 year low of $2.33 and a 1 year high of $24.37.
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ComSovereign Holding Corp. designs, develops, markets, and sells technologically-advanced telecom solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company designs, manufactures, and sells microwave packet radio equipment, such as backhaul telecom radios that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations to meet their increasing bandwidth requirements rapidly and affordably; and in-band full-duplex and transpositional modulation technologies that alleviate the performance limitations of the principal transmission technologies.Featured Articles
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