Spirent Communications plc (OTCMKTS:SPMYY) Short Interest Down 69.2% in April

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

Spirent Communications Price Performance

Spirent Communications stock remained flat at $9.64 during midday trading on Friday. Spirent Communications has a 12-month low of $4.42 and a 12-month high of $10.19. The stock’s fifty day moving average price is $8.49 and its two-hundred day moving average price is $6.60.

About Spirent Communications

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.