Short Interest in Minim, Inc. (NASDAQ:FIEE) Drops By 45.4%

Minim, Inc. (NASDAQ:FIEE) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 14,167 shares, a decline of 45.4% from the April 15th total of 25,936 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average trading volume of 15,523 shares, the days-to-cover ratio is currently 0.9 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Minim to a “buy” rating in a research report on Saturday, March 7th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Minim has a consensus rating of “Sell”.

Minim Stock Performance

NASDAQ:FIEE traded up $0.05 during trading hours on Friday, reaching $6.48. The stock had a trading volume of 6,140 shares, compared to its average volume of 97,777. The stock has a 50 day simple moving average of $6.99 and a 200 day simple moving average of $4.88. Minim has a 12-month low of $1.50 and a 12-month high of $7.95. The stock has a market cap of $518,400.00, a P/E ratio of -1.22 and a beta of 1.81.

Minim (NASDAQ:FIEE) last released its earnings results on Thursday, April 30th. The company reported $0.02 earnings per share (EPS) for the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.The business had revenue of $2.12 million during the quarter.

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.