Acme Packet (APKT +5.8%) has steadily moved higher today. Possibly helping is a deal with...

|About: Acme Packet, Inc. (APKT)|By:, SA News Editor

Acme Packet (APKT +5.8%) has steadily moved higher today. Possibly helping is a deal with wholesale U.S. carrier IBBS, which plans to deploy Acme's session border controllers to provide VoIP services. But with 16.5% of Acme's float shorted as of Aug. 15, and shares having been crushed over the last 12 months, it doesn't take much to produce a short-covering rally.