Mobilicom Limited Sponsored ADR (NASDAQ:MOB) Short Interest Down 22.5% in February

Mobilicom Limited Sponsored ADR (NASDAQ:MOB) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 600,704 shares, a drop of 22.5% from the February 12th total of 774,727 shares. Approximately 5.7% of the shares of the stock are sold short. Based on an average daily volume of 245,927 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily volume of 245,927 shares, the days-to-cover ratio is presently 2.4 days. Approximately 5.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MOB. Corsair Capital Management L.P. acquired a new stake in shares of Mobilicom in the 2nd quarter valued at approximately $50,000. Jane Street Group LLC bought a new stake in Mobilicom during the 2nd quarter worth approximately $184,000. JPMorgan Chase & Co. bought a new stake in Mobilicom during the 3rd quarter worth approximately $91,000. Regal Partners Ltd acquired a new position in Mobilicom in the 3rd quarter valued at approximately $717,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Mobilicom by 997.3% during the third quarter. BNP Paribas Financial Markets now owns 19,751 shares of the company’s stock valued at $184,000 after acquiring an additional 17,951 shares during the last quarter. Institutional investors and hedge funds own 13.56% of the company’s stock.

Mobilicom Price Performance

Shares of Mobilicom stock traded down $0.25 during trading on Friday, reaching $5.58. 174,100 shares of the company’s stock were exchanged, compared to its average volume of 216,391. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.94 and a quick ratio of 6.15. Mobilicom has a 1-year low of $1.31 and a 1-year high of $11.02. The firm’s 50-day moving average price is $6.60 and its 200 day moving average price is $474.02.

Mobilicom Company Profile

Mobilicom Ltd. (NASDAQ: MOB) is an Israel-based technology company specializing in secure communications, cybersecurity and edge computing solutions for unmanned systems, ground vehicles and critical assets. The company’s core platform integrates advanced encryption, artificial intelligence and resilient networking capabilities to protect data and command-and-control links in contested or degraded environments.

The company’s flagship offerings include AerialGuard, a turnkey cyber-hardened communications suite for unmanned aerial vehicles (UAVs); VehicularGuard, designed to secure vehicle-to-everything (V2X) communications in ground systems; and MissionCore, a software-defined command-and-control framework that delivers real-time situational awareness and autonomous decision support.