Minim, Inc. (NASDAQ:FIEE) Short Interest Down 35.8% in May

Minim, Inc. (NASDAQ:FIEE) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 8,795 shares, a decline of 35.8% from the May 14th total of 13,694 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 7,397 shares, the days-to-cover ratio is currently 1.2 days.

Minim Stock Performance

FIEE stock opened at $4.01 on Thursday. Minim has a fifty-two week low of $1.50 and a fifty-two week high of $7.95. The business’s 50 day moving average price is $6.16 and its two-hundred day moving average price is $5.36. The company has a market capitalization of $320,800.00, a price-to-earnings ratio of -0.76 and a beta of 1.81.

Minim (NASDAQ:FIEE) last posted its earnings results on Thursday, April 30th. The company reported $0.02 earnings per share for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.The firm had revenue of $2.12 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Minim to a “buy” rating in a research note on Saturday, March 7th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Minim

Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.