Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Down 82.7% in August

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 87 shares, a drop of 82.7% from the July 30th total of 502 shares. Based on an average trading volume of 1,467 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Nuvera Communications Stock Performance

NUVR stock opened at $17.20 on Friday. The stock has a 50-day moving average price of $17.41 and a 200-day moving average price of $15.97. Nuvera Communications has a 1-year low of $11.25 and a 1-year high of $18.18. The company has a current ratio of 1.90, a quick ratio of 0.54 and a debt-to-equity ratio of 1.47. The firm has a market cap of $90.13 million, a PE ratio of 86.00 and a beta of 0.14.

Nuvera Communications (OTCMKTS:NUVR) last announced its earnings results on Friday, August 14th. The company reported ($0.03) EPS for the quarter. Nuvera Communications had a net margin of 1.58% and a return on equity of 1.19%. The business had revenue of $17.66 million for 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.