Mobilicom Limited (NASDAQ:MOBBW) Short Interest Update

Mobilicom Limited (NASDAQ:MOBBW) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 343 shares, a drop of 93.0% from the May 14th total of 4,898 shares. Based on an average daily trading volume, of 14,583 shares, the days-to-cover ratio is presently 0.0 days.

Mobilicom Trading Down 0.7%

Mobilicom stock traded down $0.02 during midday trading on Wednesday, reaching $2.55. The company’s stock had a trading volume of 1,961 shares, compared to its average volume of 6,131. The stock’s 50-day simple moving average is $2.33 and its 200-day simple moving average is $2.65. Mobilicom has a 52-week low of $0.29 and a 52-week high of $5.80.

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.