Short Interest in Nuvera Communications, Inc. (OTCMKTS:NUVR) Grows By 1,008.6%

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 776 shares, an increase of 1,008.6% from the June 15th total of 70 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,797 shares, the short-interest ratio is currently 0.2 days.

Nuvera Communications Stock Performance

Shares of NUVR stock traded down $0.06 during mid-day trading on Friday, reaching $17.44. The stock had a trading volume of 2,687 shares, compared to its average volume of 1,714. Nuvera Communications has a one year low of $10.50 and a one year high of $18.18. The firm has a market cap of $91.38 million, a PE ratio of 116.26 and a beta of 0.14. The firm’s 50 day simple moving average is $17.04 and its 200 day simple moving average is $15.06. The company has a quick ratio of 0.58, a current ratio of 2.28 and a debt-to-equity ratio of 1.48.

Nuvera Communications (OTCMKTS:NUVR) last released its quarterly earnings data on Friday, May 15th. The company reported $0.29 earnings per share (EPS) for the quarter. The business had revenue of $18.43 million for the quarter. Nuvera Communications had a return on equity of 0.92% and a net margin of 1.21%.

Nuvera Communications Company Profile

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.