Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Down 54.0% in July

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 502 shares, a decrease of 54.0% from the July 15th total of 1,092 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 5,704 shares, the days-to-cover ratio is currently 0.1 days.

Nuvera Communications Trading Up 0.6%

OTCMKTS NUVR traded up $0.10 on Monday, hitting $17.50. 1,959 shares of the stock were exchanged, compared to its average volume of 3,356. The company’s 50-day moving average price is $17.50 and its two-hundred day moving average price is $15.74. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.28 and a quick ratio of 0.58. Nuvera Communications has a 52-week low of $11.25 and a 52-week high of $18.18. The company has a market capitalization of $91.70 million, a price-to-earnings ratio of 87.50 and a beta of 0.14.

Nuvera Communications (OTCMKTS:NUVR) last released its earnings results on Friday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. Nuvera Communications had a net margin of 1.58% and a return on equity of 1.20%. The business had revenue of $17.66 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.