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COMSovereign Holding Corp. (NASDAQ:COMSP) Short Interest Up 1,100.0% in September

Financial News Live ·  Oct 12, 2022 11:42

COMSovereign Holding Corp. (NASDAQ:COMSP – Get Rating) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 1,200 shares, a growth of 1,100.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is presently 0.7 days.

COMSovereign Price Performance

COMSovereign stock remained flat at $1.53 during mid-day trading on Wednesday. 77 shares of the company traded hands, compared to its average volume of 2,969. The stock's 50 day moving average is $1.84. COMSovereign has a one year low of $1.13 and a one year high of $24.37.

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About COMSovereign

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COMSovereign Holding Corp. provides technologically-advanced telecom solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company offers packet microwave solutions that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations; and in-band full-duplex technologies that alleviate the performance limitations of the principal transmission technologies.

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