Socket Mobile, Inc. (NASDAQ:SCKT) Sees Large Increase in Short Interest

Posted by Tristan Rich on Oct 27th, 2026

Socket Mobile, Inc. (NASDAQ:SCKT – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 258,725 shares, a growth of 468.1% from the September 30th total of 45,540 shares. Currently, 6.9% of the company’s stock are sold short. Based on an average daily volume of 28,997,934 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Socket Mobile from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on Socket Mobile

Socket Mobile Stock Performance

SCKT traded up $0.03 during trading on Tuesday, reaching $0.52. 25,933 shares of the stock were exchanged, compared to its average volume of 3,058,359. Socket Mobile has a twelve month low of $0.38 and a twelve month high of $2.79. The stock’s 50 day moving average price is $0.59 and its two-hundred day moving average price is $0.81. The stock has a market cap of $4.34 million, a P/E ratio of -0.28 and a beta of 1.40.

Socket Mobile (NASDAQ:SCKT – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $3.03 million for the quarter. Socket Mobile had a negative return on equity of 229.41% and a negative net margin of 107.50%.

Socket Mobile Company Profile

(Get Free Report)

Socket Mobile, Inc develops and supplies data capture solutions that help businesses collect and transmit information using mobile devices. Its products are designed for applications in retail, point-of-sale, healthcare, transportation, field service, manufacturing and other commercial environments.

The company’s product portfolio includes wireless barcode scanners, contactless and NFC readers, and camera-based scanning solutions. Its offerings include handheld and wearable devices as well as software development tools, such as the CaptureSDK and SocketCam, which enable developers to integrate barcode and data capture functionality into mobile applications.

Founded in 1992, Socket Mobile is headquartered in Newark, California.