DragonWave, Inc. (USA) (NASDAQ:DRWI), was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 1,058,134 shares, a decrease of 25.4% from the April 30th total of 1,418,154 shares, StockRatingsNetwork reports. Currently, 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 233,905 shares, the days-to-cover ratio is presently 4.5 days. DragonWave, Inc.(USA) (NASDAQ:DRWI), net profit margin is -49.60% and weekly performance is 3.82%. On last trading day company shares ended up $1.36. Analysts mean target price for the company is $1.26. DragonWave, Inc.(USA) (NASDAQ:DRWI), distance from 50-day simple moving average (SMA50) is 3.23%.
On June 06, 2014, Comtech Telecomm. Corp. (NASDAQ:CMTL), has climbed to a five-year high after the company reported late Thursday better-than-expected financial results for Q3, or the quarter ended April 30, 2014, and raised its guidance for fiscal 2014 above analysts’ expectations. Comtech Telecomm. Corp. (NASDAQ:CMTL), advanced 17.49% in last trading session and ended the day on $38.76. CMTL, Gross Margin is 43.50% and its return on assets is 2.90%. Comtech Telecomm. Corp. (NASDAQ:CMTL), quarterly performance is 19.11%.
On May 28, 2014, Cyan Inc (NYSE:CYNI), a leading provider of SDN, NFV, and packet-optical solutions for network operators, today announced that it is collaborating with Telefónica and Red Hat to develop a network functions virtualization (NFV) architecture to support the deterministic placement of virtualized network functions (VNFs). Cyan Inc (NYSE:CYNI), shares moved up 3.39% in last trading session and was closed at $3.96, while trading in range of $3.83 – 4.15. Cyan Inc (NYSE:CYNI), year to date (YTD) performance is -25.14%.
InfoSonics Corporation (NASDAQ:IFON), has been downgraded by TheStreet Ratings from hold to sell. Among the areas we feel are negative, one of the most important has been poor profit margins. The gross profit margin for INFOSONICS CORP is rather low; currently it is at 18.25%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 0.47% significantly trails the industry average. InfoSonics Corporation (NASDAQ:IFON), ended the last trading day at $2.12. Company weekly volatility is calculated as 7.17% and price to cash ratio as 27.64. InfoSonics Corporation (NASDAQ:IFON), showed a negative weekly performance of 10.92%.