Mobilicom Limited (NASDAQ:MOBBW) Sees Large Decrease in Short Interest

Mobilicom Limited (NASDAQ:MOBBW) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 343 shares, a decline of 23.8% from the January 29th total of 450 shares. Based on an average daily trading volume, of 3,968 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 3,968 shares, the short-interest ratio is presently 0.1 days.

Mobilicom Trading Up 7.5%

Shares of MOBBW traded up $0.15 during trading hours on Tuesday, hitting $2.15. The stock had a trading volume of 100 shares, compared to its average volume of 6,447. Mobilicom has a 12-month low of $0.20 and a 12-month high of $5.80. The company’s fifty day simple moving average is $2.95 and its 200 day simple moving average is $2.89.

About Mobilicom

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.