Evertz Technologies Limited (OTCMKTS:EVTZF) Stock Short Interest Report for October

Evertz Technologies Limited (OTCMKTS:EVTZF) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 199,934 shares, a growth of 68.1% from the September 30th total of 118,913 shares. Based on an average daily trading volume, of 6,841 shares, the days-to-cover ratio is currently 29.2 days.

Analysts Set New Price Targets

Several brokerages have commented on EVTZF. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Evertz Technologies in a report on Tuesday, September 15th. BMO Capital Markets restated an “outperform” rating on shares of Evertz Technologies in a report on Tuesday, September 15th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Evertz Technologies Stock Down 0.8%

Shares of Evertz Technologies stock opened at $9.62 on Tuesday. Evertz Technologies has a 12 month low of $8.41 and a 12 month high of $14.72. The business has a fifty day simple moving average of $9.74 and a 200-day simple moving average of $11.21.

About Evertz Technologies

Evertz Technologies Ltd. is a Canadian provider of equipment, software and services for the broadcast, media and entertainment industries. The company designs, develops, manufactures and supports technologies used to create, manage, process, route, monitor and distribute video and audio content.

Its product portfolio includes broadcast infrastructure, video and audio processing systems, routing and master control solutions, signal monitoring and measurement equipment, newsroom and production technologies, and tools for media asset management and content distribution.