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

June 27, 2018 - By Amber Marburger

Viavi Solutions Inc. (NASDAQ:VIAV) Corporate Logo

Viavi Solutions Inc (NASDAQ:VIAV) had a decrease of its shorted shares by 9.41%. It was announced in June by FINRA the 9.69M shorted shares 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 recover its previous position. Viavi Solutions Inc’s shorted shares float is 4.28%.

VIAV hit $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.Currently it has negative earnings. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks.

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