RADCOM Ltd. (NASDAQ:RDCM) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 45,500 shares, a decrease of 21.3% from the June 15th total of 57,800 shares. Based on an average daily trading volume, of 15,300 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.4% of the company’s stock are sold short.

Separately, Zacks Investment Research lowered shares of ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. RADCOM has a consensus rating of “Hold” and a consensus price target of $10.50.

Several institutional investors and hedge funds have recently made changes to their positions in RDCM. Two Sigma Investments LP increased its stake in shares of RADCOM by 77.8% during the 4th quarter. Two Sigma Investments LP now owns 24,924 shares of the technology company’s stock worth $185,000 after purchasing an additional 10,905 shares during the last quarter. ARK Investment Management LLC increased its stake in shares of RADCOM by 9.4% during the 1st quarter. ARK Investment Management LLC now owns 57,532 shares of the technology company’s stock worth $427,000 after purchasing an additional 4,947 shares during the last quarter. Delek Group Ltd. increased its stake in shares of RADCOM by 1.9% during the 1st quarter. Delek Group Ltd. now owns 285,264 shares of the technology company’s stock worth $2,106,000 after purchasing an additional 5,264 shares during the last quarter. Finally, Taylor Frigon Capital Management LLC increased its stake in shares of RADCOM by 7.6% during the 2nd quarter. Taylor Frigon Capital Management LLC now owns 291,088 shares of the technology company’s stock worth $2,395,000 after purchasing an additional 20,454 shares during the last quarter. Institutional investors own 24.37% of the company’s stock.

Shares of RDCM remained flat at $$7.98 during mid-day trading on Monday. 63 shares of the stock traded hands, compared to its average volume of 11,153. The firm’s fifty day simple moving average is $8.02. RADCOM has a 52 week low of $6.96 and a 52 week high of $21.30. The company has a market capitalization of $109.63 million, a price-to-earnings ratio of -44.33 and a beta of 0.42. The company has a quick ratio of 9.80, a current ratio of 9.84 and a debt-to-equity ratio of 0.06.

RADCOM (NASDAQ:RDCM) last announced its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.23) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.37) by $0.14. RADCOM had a negative net margin of 20.15% and a negative return on equity of 7.41%. The company had revenue of $6.05 million for the quarter, compared to analyst estimates of $3.50 million. As a group, analysts predict that RADCOM will post -0.71 earnings per share for the current fiscal year.

RADCOM Company Profile

RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.

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