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

Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,263 shares, a decrease of 62.4% from the September 30th total of 8,678 shares. Based on an average trading volume of 4,871 shares, the short-interest ratio is presently 0.7 days.

Mobilicom Price Performance

Shares of NASDAQ MOBBW opened at $0.63 on Thursday. The business has a fifty day moving average of $1.34 and a two-hundred day moving average of $2.12. Mobilicom has a 52-week low of $0.43 and a 52-week high of $4.93.

About Mobilicom

(Get Free Report)

Mobilicom Ltd. is an Israel-based technology company that develops secure communication, networking and cybersecurity solutions for unmanned aerial vehicles (UAVs), drones, robotics and other autonomous systems. Its products are designed to support reliable command, control and data transmission in demanding commercial, industrial, defense and public-safety environments.

The company’s product portfolio includes airborne communication systems, mobile ad hoc networking solutions, command-and-control technologies, ground-control equipment and cybersecurity tools.

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