(NYSE:UZA) shares saw heavy trading volume with 140K shares changing hands on Tuesday. Shares saw a steep increase in trading volume of 711.25% over the normal average daily volume.
Investors are a little more bullish on shares of the company lately as inferred by the decrease in short interest. The company experienced a fall in short interest of -1.55% as of the latest report on October 13, 2017. Short interest decreased 111 over that period. Days to cover decreased 0.0 to 1.0 and the percentage of shorted shares was 0.00% on October 13.
The company is trading down since yesterday’s close of $25.38. Shares of the company are trading at $25.38 which is a tad under the 50 day moving average which is $25.74 and slightly below the 200 day moving average of $25.77. The 50 day moving average went down $-0.36 or -1.39% whereas the 200 day moving average was down $-0.39 or -1.52%.
United States Cellular Corporation (U.S. Cellular), launched on December 22, 1983, is a provider of wireless telecommunication services. The Business’s wireless operating markets are in the United States. U.S. Cellular provides service to postpaid and prepaid customers from a range of demographic segments. The Company focuses on retail consumers, government and small-to-mid-size business customers in industries, such as construction, retail, professional services and real estate. U.S. Cellular’s postpaid customers choose from a range of national plans with voice, messaging and data usage options. The Company offers Shared Connect data plans, which allow customers to share data usage among all users and devices connected to the plan. The Company also offers monthly prepaid service plans, which provide customers unlimited voice and unlimited messaging with a specified amount of data and unlimited data at lower speeds once the high-speed data limit is reached..Advertisement