Westell Technologies, Inc. shares had a trading volume of 40K on Tuesday. Volume was up 106.31% over the stocks average daily volume.
Investors are feeling more bearish lately as evidenced by the change in short interest. The stock saw a rise in short interest of 18.42% as of the latest report on October 13, 2017. Short shares grew from 11,257 to 13,331 over that timeframe. With short interest at 13,331 and short average daily volume at 19,104, the short-interest ratio is 1.0 and the percentage of shorted shares is 0.00% as of October 13.
A few notable investment firms have updated their holdings. As of the end of the quarter Bank Of America Corp /de/ had disposed of 152 shares trimming its position 60.3%. The value of the total investment in Westell Technologies, Inc. went from $0 to $0 decreasing nan% since the last quarter. As of quarter end Guggenheim Capital LLC had bought a total of 142 shares growing its holdings by 0.6%. The value of the company’s investment in Westell Technologies, Inc. increased from $15,000 to $17,000 a change of $2,000 quarter to quarter.
Goldman Sachs Group Inc bolstered its position by buying 774 shares an increase of 4.4% as of 03/31/2017. Goldman Sachs Group Inc claims 18,277 shares worth $13,000. The value of the position overall is up by 18.2%. As of the end of the quarter Morgan Stanley had bought a total of 5,564 shares growing its stake by 2,782.0%. The value of the investment in Westell Technologies, Inc. increased from $0 to $4,000 a change of inf% quarter over quarter.
The company is trading up since yesterday’s close of $2.90. Shares last traded at $2.90 which is just a bit higher than $2.89, the 50 day moving average and slightly below the 200 day moving average of $2.93. The 50 day moving average went up $0.01 or +0.50% and the 200 day average was down $-0.03.
Westell Technologies, Inc., launched on October 29, 1980, is a provider of in-building wireless, intelligent site management, cell site optimization and outside plant solutions. The Business’s set of products and solutions are designed to manage network performance for carriers, integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG). The Business’s segments are engaged in the design, development, assembly and marketing of a range of products and solutions..