Short Interest in Spectra7 Microsystems Inc. (OTCMKTS:SPVNF) Grows By 380.3%

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 70,600 shares, a growth of 380.3% from the April 30th total of 14,700 shares. Based on an average daily trading volume, of 33,600 shares, the short-interest ratio is presently 2.1 days.

Spectra7 Microsystems Price Performance

SPVNF traded up $0.01 during trading on Friday, reaching $0.60. 39,440 shares of the company’s stock were exchanged, compared to its average volume of 44,782. The company’s fifty day moving average price is $0.52 and its 200-day moving average price is $0.54. Spectra7 Microsystems has a fifty-two week low of $0.23 and a fifty-two week high of $1.11.

Spectra7 Microsystems Company Profile

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Spectra7 Microsystems Inc engages in the design and manufacture of analog semiconductors. Its products are catered to electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers, and other connectivity markets. The company was founded on October 12, 2010 and is headquartered in San Jose, CA.