Mobilicom Limited (NASDAQ:MOBBW) Sees Significant Growth in Short Interest

Mobilicom Limited (NASDAQ:MOBBW) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 1,062 shares, a growth of 134.4% from the July 15th total of 453 shares. Based on an average daily volume of 5,497 shares, the short-interest ratio is currently 0.2 days.

Mobilicom Trading Down 11.7%

MOBBW traded down $0.25 on Friday, hitting $1.88. 2,784 shares of the company’s stock were exchanged, compared to its average volume of 6,085. Mobilicom has a fifty-two week low of $0.89 and a fifty-two week high of $5.80. The firm has a 50-day moving average price of $2.09 and a 200-day moving average price of $2.28.

Mobilicom Company Profile

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.