Short Interest in Mobivity Holdings Corp. (OTCMKTS:MFON) Drops By 61.8%

Mobivity Holdings Corp. (OTCMKTS:MFON) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 9,020 shares, a decline of 61.8% from the April 15th total of 23,608 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 16,019 shares, the short-interest ratio is currently 0.6 days.

Mobivity Trading Up 9.3%

MFON traded up $0.01 on Thursday, hitting $0.08. The company had a trading volume of 1,600 shares, compared to its average volume of 39,169. The firm has a market cap of $5.66 million, a P/E ratio of -0.64 and a beta of 0.73. Mobivity has a 1 year low of $0.03 and a 1 year high of $0.35. The company’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.14.

Mobivity Company Profile

Mobivity Holdings Corp operates as a provider of digital engagement and marketing solutions designed to enhance customer loyalty and drive in-store purchases for retailers, restaurants and service providers. At the heart of its offering is a cloud-based platform that delivers targeted promotions, digital coupons, text campaigns and loyalty rewards directly to consumers’ smartphones. By integrating with point-of-sale systems and loyalty programs, Mobivity enables businesses to personalize outreach in real time, improve customer experiences and capture valuable first-party data.

The company’s primary products include its mobile engagement suite and in-venue digital signage solutions.