24 Aug VP Jon Cartu Claims – Adtran Inc (NASDAQ:ADTN) Could Improve Your Long Portfolio…
Investors sentiment increased to 1.8 in 2019 Q1. Its up 0.32, from 1.48 in 2018Q4. It is positive, as 11 investors sold ADTRAN, Inc. shares while 34 reduced holdings. 27 funds opened positions while 54 raised stakes. 42.95 million shares or 0.54% more from 42.72 million shares in 2018Q4 were reported.
The New York-based Adirondack Research has invested 2.82% in ADTRAN, Inc. (NASDAQ:ADTN). Parametric Assocs Ltd Company stated it has 0% of its portfolio in ADTRAN, Inc. (NASDAQ:ADTN). Keybank Natl Association Oh invested in 59,644 shares. Bluecrest Capital Mngmt Ltd holds 17,518 shares. Cornerstone Advisors has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Ny State Teachers Retirement owns 142,163 shares. Us Retail Bank De invested in 0% or 140 shares. Great West Life Assurance Can accumulated 63,381 shares. Jpmorgan Chase holds 0% or 369,989 shares. Barclays Public Limited Com accumulated 53,609 shares or 0% of the stock. Citadel Ltd Com invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Stifel Fincl stated it has 30,961 shares or 0% of all its holdings. Sector Pension Inv Board reported 0.01% in ADTRAN, Inc. (NASDAQ:ADTN). Deutsche Commercial Bank Ag has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). Everence holds 14,390 shares.
The stock of Adtran Inc (NASDAQ:ADTN) registered a decrease of 5.73% in short interest. ADTN’s total short interest was 1.05M shares in August as published by FINRA. Its down 5.73% from 1.11M shares, reported previously. With 408,700 shares average volume, it will take short sellers 3 days to cover their ADTN’s short positions. The short interest to Adtran Inc’s float is 2.23%.
The stock decreased 4.38% or $0.47 during the last trading session, reaching $10.25. About 316,926 shares traded. ADTRAN, Inc. (NASDAQ:ADTN) has declined 31.63% since August 24, 2018 and is downtrending. It has underperformed by 31.63% the S&P500.
ADTRAN, Inc. provides networking and communications equipment worldwide. The company has market cap of $490.04 million. The firm operates through two divisions, Network Solutions and Services & Support. It has a 100.49 P/E ratio. It offers access and aggregation solutions, including fiber to the premises and fiber to the node multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; fiber access network elements; optical networking edge aggregation; and IP digital subscriber line access multiplexers.
More notable recent ADTRAN, Inc. (NASDAQ:ADTN) news were published by: Prnewswire.com which released: “Bragar Eagel & Squire, PC is Investigating ADTRAN, Inc. (NASDAQ: ADTN) on Behalf of Stockholders and Encourages ADTRAN Investors to Contact the Firm – PRNewswire” on August 24, 2019, also Finance.Yahoo.com with their article: “Why It Might Not Make Sense To Buy ADTRAN, Inc. (NASDAQ:ADTN) For Its Upcoming Dividend – Yahoo Finance” published on July 27, 2019, Businesswire.com published: “ADTRAN, Inc. Receives Notification of Non-Compliance from Nasdaq Related to Previously Announced Delayed Filing of Quarterly Report on Form 10-Q – Business Wire” on August 21, 2019. More interesting news about ADTRAN, Inc. (NASDAQ:ADTN) were released by: Businesswire.com and their article: “ADTRAN, Inc. to Meet with Investors at the Jefferies Semis, Hardware & Comms Infrastructure Summit on August 28, 2019 – Business Wire” published on August 08, 2019 as well as Seekingalpha.com‘s news article titled: “Adtran tumbles 10% after 24% sales hit – Seeking Alpha” with publication date: October 17, 2018.
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