Minim, Inc. (NASDAQ:FIEE) Short Interest Down 64.9% in February

Minim, Inc. (NASDAQ:FIEE) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 37,640 shares, a decline of 64.9% from the February 12th total of 107,327 shares. Based on an average daily volume of 31,987 shares, the days-to-cover ratio is presently 1.2 days. Approximately 2.8% of the shares of the stock are sold short. Approximately 2.8% of the shares of the stock are sold short. Based on an average daily volume of 31,987 shares, the days-to-cover ratio is presently 1.2 days.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on FIEE. Wall Street Zen raised Minim to a “buy” rating in a report on Saturday, March 7th. Weiss Ratings restated a “sell (e)” rating on shares of Minim in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Insider Activity at Minim

In other news, major shareholder Corporate Services Lt Elements purchased 2,138,181 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was acquired at an average price of $1.29 per share, for a total transaction of $2,758,253.49. Following the acquisition, the insider directly owned 3,119,830 shares of the company’s stock, valued at $4,024,580.70. This represents a 217.82% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 51.90% of the company’s stock.

Minim Stock Up 0.3%

NASDAQ FIEE traded up $0.02 during trading hours on Thursday, hitting $6.93. 18,351 shares of the company were exchanged, compared to its average volume of 177,249. Minim has a 52 week low of $0.41 and a 52 week high of $7.95. The stock has a 50-day moving average price of $5.35 and a 200 day moving average price of $3.55. The stock has a market cap of $554,400.00, a PE ratio of -1.31 and a beta of 1.81.

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.