The stock of Xtera Communications Incorporated (NASDAQ:XCOM) registered an increase of 95.42% in short interest. XCOM’s total short interest was 268,900 shares in August as published by FINRA. Its up 95.42% from 137,600 shares, reported previously. With 1.69 million shares average , it will take short sellers 0 days to cover their XCOM’s short positions. The short interest to Xtera Communications Incorporated’s float is 5.38%. The stock decreased 49.48% or $0.346 on August 23, hitting $0.354. About 2.00M shares traded hands or 158.24% up from the average. Xtera Communications Inc (NASDAQ:XCOM) has declined 80.98% since January 19, 2016 and is downtrending. It has underperformed by 96.99% the S&P500 .
Xtera Communications , Inc. is a United States telecommunication infrastructure company. The company has a market cap of $5.95 million. The Firm is focused on supplying terrestrial and submarine optical backbones. It currently has negative . It offers optical networking solutions for network and data center operators across the world.