Shares last traded at $6.30 which is slightly below the 50 day moving average which is $6.95 and quite a bit below the 200 day moving average of $7.30. The 50 day moving average was down $-0.65 and the 200 day average moved down $-1.00. Trading was light with 62K shares changing hands in the last trading session. Overall, volume was down 19.40% under the stocks normal daily volume.
Traders are more bullish on the company as shown by the change in short interest. The stock experienced a fall in short interest of -0.42% between September 29, 2017 and October 13, 2017. Short shares fell from 3,137,476 to 3,124,403 over that period. Days to cover decreased from 61.0 to 44.0 and the percentage of shorted shares was 0.19% on October 13.
These firms have modified their investment in CALL. Acadian Asset Management LLC cut its position by shedding 194,515 shares a decrease of 42.7% in the quarter. Acadian Asset Management LLC claims 260,731 shares valued at $1,865,000. The value of the position overall is down by 43.1%. As of quarter end Cutler Group LP had acquired 4,379 shares growing its stake by 217.9%. The value in dollars increased from $14,000 to $45,000 increasing 221.4% quarter over quarter.
Simplex Trading, LLC added to its ownership by buying 4,712 shares an increase of 1,701.1% from 06/30/2017 to 09/30/2017. Simplex Trading, LLC owns 4,989 shares worth $35,000. The total value of its holdings increased 3,400.0%.
magicJack VocalTec Ltd. (magicJack VocalTec), launched on March 14, 1989, and its subsidiaries is a cloud communications company. The Company provides magicJack devices and other magicJack products and services. magicJacks weigh over one ounce and plugs into the universal serial bus (USB) port on a computer or into a power adapter and high speed Internet source, providing users with complete phone service for home, enterprise and while traveling. The Company also provides additional products and services, which include voice applications on smart phones, as well as the magicJack PLUS, magicJack GO and magicJack EXPRESS, which are updated versions of the magicJack device that have their own central processing unit (CPU) and can connect a regular phone directly to the users broadband modem/router and function as a standalone phone without using a computer. The Business’s products and services allow users to make and/or receive free telephone calls to and from anywhere in the world where the customer has broadband access to the Internet, and allows customers to make free calls back to the United States and Canada from anywhere legally permitted in the world..