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Redline Communications Group Inc. (OTCMKTS:RDLCF) Short Interest Down 38.8% in June

kopsource ·  Jul 18, 2022 03:21

Redline Communications Group Inc. (OTCMKTS:RDLCF – Get Rating) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totalling 28,900 shares, a drop of 38.8% from the June 15th total of 47,200 shares. Based on an average trading volume of 44,900 shares, the days-to-cover ratio is presently 0.6 days.

Redline Communications Group Price Performance

Shares of OTCMKTS RDLCF remained flat at $0.68 during midday trading on Friday. The firm's 50-day moving average is $0.69 and its two-hundred day moving average is $0.64. Redline Communications Group has a one year low of $0.00 and a one year high of $0.71.

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Redline Communications Group Company Profile

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Redline Communications Group Inc, together with its subsidiaries, develops broadband fixed wireless base stations, subscriber stations, and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. It operates through Hardware and Software, Professional Services and 3rd Party Equipment, and Maintenance and Support segments.

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