Minim, Inc. (NASDAQ:FIEE) Sees Large Increase in Short Interest

Minim, Inc. (NASDAQ:FIEE) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 76,160 shares, an increase of 81.6% from the August 15th total of 41,947 shares. Based on an average daily volume of 401,450 shares, the short-interest ratio is presently 0.2 days. Currently, 5.6% of the company’s stock are short sold.

Minim Stock Performance

Shares of FIEE stock remained flat at $3.87 during trading hours on Wednesday. 39,868 shares of the stock were exchanged, compared to its average volume of 199,913. The business has a 50 day moving average of $3.83 and a two-hundred day moving average of $5.26. Minim has a 52-week low of $1.50 and a 52-week high of $10.59. The firm has a market capitalization of $309,600.00, a price-to-earnings ratio of -0.73 and a beta of 1.81.

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

Analyst Ratings Changes

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