Mobivity Holdings Corp. (OTCMKTS:MFON) Sees Large Decrease in Short Interest

Mobivity Holdings Corp. (OTCMKTS:MFON) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,500 shares, a drop of 34.2% from the August 31st total of 3,800 shares. Based on an average trading volume of 54,000 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 54,000 shares, the days-to-cover ratio is presently 0.0 days.

Mobivity Price Performance

Shares of Mobivity stock opened at $0.25 on Monday. The firm has a market cap of $18.50 million, a PE ratio of -1.67 and a beta of 0.34. Mobivity has a 52 week low of $0.16 and a 52 week high of $0.42. The business’s fifty day simple moving average is $0.25 and its 200-day simple moving average is $0.28.

Mobivity (OTCMKTS:MFON) last issued its quarterly earnings data on Tuesday, September 2nd. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $0.94 million during the quarter.

About Mobivity

Mobivity Holdings Corp. engages in developing and operating proprietary platforms to conduct national and localized, and data-driven marketing campaigns in the United States. The company's Recurrency platform unlocks valuable point of sale systems (POS) and mobile data to help transform customer transactions into actionable and attributable marketing insights and power Connected Rewards interactions.