UTStarcom Holdings Corp. (NASDAQ:UTSI) Short Interest Update

Posted by Nicole Kennedy on Mar 28th, 2025

UTStarcom Holdings Corp. (NASDAQ:UTSI – Get Free Report) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 14,200 shares, an increase of 153.6% from the February 28th total of 5,600 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 3,900 shares, the days-to-cover ratio is currently 3.6 days.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of UTStarcom in a research report on Wednesday. They set a “sell” rating for the company.

Check Out Our Latest Stock Analysis on UTStarcom

UTStarcom Price Performance

Shares of NASDAQ UTSI opened at $2.38 on Friday. UTStarcom has a twelve month low of $2.20 and a twelve month high of $3.22. The firm has a fifty day simple moving average of $2.57 and a 200 day simple moving average of $2.73.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in UTStarcom stock. Garden State Investment Advisory Services LLC bought a new position in UTStarcom Holdings Corp. (NASDAQ:UTSI – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 256,341 shares of the Wireless communications provider’s stock, valued at approximately $795,000. Garden State Investment Advisory Services LLC owned approximately 2.72% of UTStarcom as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 1.83% of the company’s stock.

About UTStarcom

(Get Free Report)

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, and internationally. Its products include converged packet transport, disaggregated router platform, packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products.