Short Interest in Minim, Inc. (NASDAQ:FIEE) Decreases By 77.5%

Minim, Inc. (NASDAQ:FIEE) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 41,947 shares, a decline of 77.5% from the July 30th total of 186,718 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average daily volume of 593,064 shares, the days-to-cover ratio is currently 0.1 days.

Minim Trading Down 1.7%

FIEE opened at $4.07 on Friday. Minim has a 1-year low of $1.50 and a 1-year high of $10.59. The company has a market cap of $325,600.00, a P/E ratio of -0.77 and a beta of 1.81. The company has a fifty day moving average price of $3.87 and a two-hundred day moving average price of $5.48.

Minim (NASDAQ:FIEE) last announced its quarterly earnings data on Friday, August 14th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $4.83 million for the quarter. Minim had a negative net margin of 105.18% and a negative return on equity of 1,144.78%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Minim from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Minim currently has a consensus rating of “Sell”.

Minim Company Profile

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.