Mobilicom Limited (NASDAQ:MOBBW) Short Interest Update

Mobilicom Limited (NASDAQ:MOBBW) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,898 shares, an increase of 1,328.0% from the April 30th total of 343 shares. Based on an average daily trading volume, of 7,070 shares, the short-interest ratio is currently 0.7 days.

Mobilicom Stock Performance

NASDAQ MOBBW traded up $0.15 during trading on Wednesday, hitting $2.55. 3,563 shares of the company’s stock traded hands, compared to its average volume of 5,575. The stock has a fifty day moving average of $2.22 and a two-hundred day moving average of $2.60. Mobilicom has a 12-month low of $0.25 and a 12-month high of $5.80.

Mobilicom Company Profile

Mobilicom Ltd. (NASDAQ:MOBBW) is a technology company specializing in secure, mission-critical communications and cybersecurity solutions for edge and IoT applications. The company’s end-to-end hardware and software platform delivers encrypted, low-latency voice, video and data connectivity across multi-network topologies, enabling real-time situational awareness in remote and contested environments. Mobilicom’s product portfolio includes edge cyber protection modules, mesh-network communication nodes and command-and-control software for unmanned systems and other field-deployed assets.

Mobilicom’s solutions support a range of applications such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, industrial robotics and critical infrastructure monitoring.