Viavi Solutions Inc (NASDAQ:VIAV) Sellers Reduced By 9.41% Their Shorts

June 27, 2018 - By Mike Johnson

Viavi Solutions Inc. (NASDAQ:VIAV) Corporate Logo

Viavi Solutions Inc (NASDAQ:VIAV) had a decrease of its short interest by 9.41%. It was published in June by FINRA the 9.69 million short interest on VIAV. The 10.70 million previous shares are down with 9.41%. 6 days will cost VIAV with 1.64 million average volume to restore its former position. Viavi Solutions Inc’s short interest float is 4.28%.

VIAV reached $10.03 during the last trading session after $0.03 change.Viavi Solutions Inc. has volume of 608,038 shares. Since June 27, 2017 VIAV has declined 11.45% and is downtrending. VIAV underperformed by 24.02% the S&P 500.

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide.The firm is valued at $2.27 billion. The firm operates through Network Enablement, Service Enablement, and Optical Security and Performance Products divisions.Last it reported negative earnings. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks.

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