Actelis Networks, Inc. (NASDAQ:ASNS) Short Interest Update

Actelis Networks, Inc. (NASDAQ:ASNS) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 297,000 shares, a decrease of 13.8% from the October 15th total of 344,600 shares. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 5.7% of the shares of the stock are sold short.

Actelis Networks Stock Down 4.5 %

NASDAQ:ASNS opened at $1.27 on Friday. Actelis Networks has a 52 week low of $0.36 and a 52 week high of $4.60. The company has a quick ratio of 0.68, a current ratio of 1.01 and a debt-to-equity ratio of 0.28. The stock has a market cap of $7.64 million, a PE ratio of -1.02 and a beta of 2.12.

Actelis Networks (NASDAQ:ASNS) last released its quarterly earnings data on Wednesday, August 14th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $3.43 million for the quarter. Actelis Networks had a negative return on equity of 5,659.70% and a negative net margin of 78.75%.

About Actelis Networks

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.