Short Interest in Actelis Networks, Inc. (NASDAQ:ASNS) Declines By 7.1%

Actelis Networks, Inc. (NASDAQ:ASNS) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 344,600 shares, a decline of 7.1% from the September 30th total of 370,900 shares. Based on an average daily trading volume, of 1,140,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 6.6% of the company’s shares are short sold.

Actelis Networks Stock Down 2.3 %

ASNS opened at $1.29 on Thursday. Actelis Networks has a fifty-two week low of $0.36 and a fifty-two week high of $4.60. The company has a market cap of $7.76 million, a P/E ratio of -0.87 and a beta of 2.09.

Actelis Networks Company Profile

Actelis Networks, Inc engages in the design, development, manufacture, and marketing of cyber hardened, hybrid fiber, networking solutions for Internet of Things and telecommunication companies in North America, Europe, the Middle East, Israel, and the Asia Pacific. It provides rapid-deployment networking solutions for wide-area IoT applications, including federal, state, and local governments; intelligent traffic systems; and military, utility, rail, telecom, and campus applications.