How Analysts Feel About Supercom LTD. – Ordinary Shares (NASDAQ:SPCB) After Increase in Sellers?

June 10, 2018 - By Tina Thibodeau

SuperCom Ltd. (NASDAQ:SPCB) Logo

The stock of Supercom LTD. – Ordinary Shares (NASDAQ:SPCB) registered an increase of 4.88% in short interest. SPCB’s total short interest was 512,000 shares in June as published by FINRA. Its up 4.88% from 488,200 shares, reported previously. With 61,400 shares average volume, it will take short sellers 8 days to cover their SPCB’s short positions. The short interest to Supercom LTD. – Ordinary Shares’s float is 6.01%.

The stock decreased 1.59% or $0.03 during the last trading session, reaching $1.86. About 13,816 shares traded. SuperCom Ltd. (NASDAQ:SPCB) has declined 8.68% since June 10, 2017 and is downtrending. It has underperformed by 21.25% the S&P500.

SuperCom Ltd. provides identity, machine-to-machine, cyber security device, payment, and connectivity products and solutions to governments, and private and public organizations worldwide. The company has market cap of $27.82 million. The firm offers MAGNA, a common platform for ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver??s licenses, and electronic voter registration and election management. It currently has negative earnings. The Company’s PureRF suite is a solution based on radio-frequency identification tag technology to identify, locate, track, monitor, count, and protect people and objects.

Another recent and important SuperCom Ltd. (NASDAQ:SPCB) news was published by which published an article titled: “SuperCom’s (SPCB) CEO Arie Trabelsi on Q4 2017 Results – Earnings Call Transcript” on May 14, 2018.

SuperCom Ltd. (NASDAQ:SPCB) Ratings Chart

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