Acacia Communications Inc (NASDAQ:ACIA) Shorts Strengthened By 0.59% As Of Apr 17, 2018

April 17, 2018 - By Theresa Judd

It was noted an increase on Acacia Communications Inc (NASDAQ:ACIA)’s short interest with 0.59%. In April was announced ACIA’s total 6.53M short interest by FINRA. The up change of 0.59% from 6.49 million shares was reported. With Average volume 463,600, ACIA’s former position will take 14 days to restore. Float short on Acacia Communications Inc is 27.14%.

The stock decreased 35.97% or $14.4 during the last trading session, reaching $25.63.Acacia Communications, Inc. is downtrending after having declined 30.95% since April 17, 2017. ACIA has 12.81M volume or 1643.50% up from normal. ACIA underperformed the S&P 500 by 42.50%.

Acacia Communications, Inc. develops, makes, and sells high-speed coherent optical interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.The firm is valued at $1.03 billion. The Company’s products include a series of low-power coherent digital signal processors application-specific integrated circuits and silicon photonic integrated circuits integrated into families of optical interconnect modules with transmission speeds ranging from 100 to 400 gigabits per second for use in long-haul, metro, and inter-data center markets.27.86 is the P/E ratio. The firm sells its products through a direct sales force to network equipment manufacturers.

Acacia Communications, Inc. (NASDAQ:ACIA) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: