DragonWave (DRWI +17.1%) is roaring today. The company announced this morning it has closed the...

|About: DragonWave Inc. (DRWI)|By:, SA News Editor

DragonWave (DRWI +17.1%) is roaring today. The company announced this morning it has closed the acquisition of the Chinese portion of Nokia Siemens' mobile backhaul equipment business, but it had already finished acquiring the rest of the business earlier this year. DragonWave had a short ratio of 9.7 as of Nov. 15.