Nuvera Communications, Inc. (OTCMKTS:NUVR) Short Interest Down 93.2% in June

Nuvera Communications, Inc. (OTCMKTS:NUVR) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 70 shares, a decrease of 93.2% from the May 31st total of 1,024 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 11,083 shares, the days-to-cover ratio is presently 0.0 days.

Nuvera Communications Stock Performance

NUVR traded up $0.16 during trading hours on Friday, hitting $17.91. The stock had a trading volume of 1,700 shares, compared to its average volume of 5,120. Nuvera Communications has a 1 year low of $10.50 and a 1 year high of $18.18. The company’s fifty day simple moving average is $16.78 and its 200 day simple moving average is $14.81. The stock has a market cap of $93.85 million, a PE ratio of 119.40 and a beta of 0.15. The company has a quick ratio of 0.58, a current ratio of 2.28 and a debt-to-equity ratio of 1.48.

Nuvera Communications (OTCMKTS:NUVR) last issued its earnings results on Friday, May 15th. The company reported $0.29 earnings per share for the quarter. The firm had revenue of $18.43 million during the quarter. Nuvera Communications had a net margin of 1.21% and a return on equity of 0.92%.

Nuvera Communications Company Profile

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.