RADCOM Ltd. (NASDAQ:RDCM) Short Interest Update

RADCOM Ltd. (NASDAQ:RDCM) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 18,000 shares, an increase of 718.2% from the December 15th total of 2,200 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 59,600 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of RADCOM from a “strong-buy” rating to a “buy” rating in a research note on Saturday.

RADCOM Stock Performance

NASDAQ RDCM traded down $0.55 during trading on Monday, hitting $12.83. 55,132 shares of the company’s stock traded hands, compared to its average volume of 73,290. The stock has a market capitalization of $200.94 million, a price-to-earnings ratio of 27.30 and a beta of 0.89. The business has a 50 day moving average of $11.75 and a 200-day moving average of $10.55. RADCOM has a 12-month low of $7.72 and a 12-month high of $13.98.

Institutional Inflows and Outflows

An institutional investor recently raised its position in RADCOM stock. Acadian Asset Management LLC grew its holdings in shares of RADCOM Ltd. (NASDAQ:RDCM) by 6.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,808 shares of the technology company’s stock after acquiring an additional 5,628 shares during the quarter. Acadian Asset Management LLC owned about 0.62% of RADCOM worth $881,000 at the end of the most recent quarter. Institutional investors and hedge funds own 48.32% of the company’s stock.

About RADCOM

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.