Short Interest in Spirent Communications plc (OTCMKTS:SPMYY) Drops By 69.2%

Spirent Communications plc (OTCMKTS:SPMYY) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, a drop of 69.2% from the March 31st total of 1,300 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 2.0 days.

Spirent Communications Price Performance

Shares of OTCMKTS:SPMYY remained flat at $9.64 on Thursday. The business has a 50-day moving average price of $8.49 and a 200 day moving average price of $6.60. Spirent Communications has a 52-week low of $4.42 and a 52-week high of $10.19.

Spirent Communications Company Profile

Spirent Communications plc provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Lifecycle Service Assurance, and Networks & Security segments. The Lifecycle Service Assurance segment offers lab-based testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices, as well as live solutions.