Franklin Wireless Corp. (NASDAQ:FKWL) Short Interest Update

Posted by George Bondi on Jul 29th, 2026

Franklin Wireless Corp. (NASDAQ:FKWL – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 13,476 shares, a decrease of 52.2% from the June 30th total of 28,217 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 28,053 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Franklin Wireless from a “sell (d)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $6.00.

Check Out Our Latest Report on Franklin Wireless

Institutional Trading of Franklin Wireless

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. boosted its holdings in Franklin Wireless by 25.2% in the second quarter. Osaic Holdings Inc. now owns 115,200 shares of the company’s stock worth $482,000 after acquiring an additional 23,200 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Franklin Wireless by 175.5% during the first quarter. Acadian Asset Management LLC now owns 25,450 shares of the company’s stock valued at $144,000 after acquiring an additional 16,211 shares in the last quarter. Founders Financial Securities LLC bought a new position in shares of Franklin Wireless during the fourth quarter valued at $59,000. Smith Moore & CO. raised its position in shares of Franklin Wireless by 14.5% in the 4th quarter. Smith Moore & CO. now owns 96,400 shares of the company’s stock worth $421,000 after purchasing an additional 12,228 shares during the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in Franklin Wireless in the 1st quarter worth about $66,000. Hedge funds and other institutional investors own 18.49% of the company’s stock.

Franklin Wireless Stock Performance

Franklin Wireless stock remained flat at $2.31 on Wednesday. The company’s stock had a trading volume of 12,630 shares, compared to its average volume of 19,992. Franklin Wireless has a fifty-two week low of $2.28 and a fifty-two week high of $5.48. The stock has a market capitalization of $27.21 million, a price-to-earnings ratio of -38.50 and a beta of 0.27. The firm has a 50-day moving average of $2.62 and a two-hundred day moving average of $3.41.

Franklin Wireless (NASDAQ:FKWL – Get Free Report) last released its earnings results on Friday, May 15th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.12). Franklin Wireless had a negative return on equity of 2.98% and a negative net margin of 2.07%.The business had revenue of $3.44 million during the quarter, compared to analysts’ expectations of $9.90 million.

Franklin Wireless Company Profile

(Get Free Report)

Franklin Wireless Corporation, headquartered in Fremont, California, designs and manufactures a range of cellular wireless devices and solutions. The company’s product lineup includes 4G LTE and 5G NR modules, routers, gateways and USB dongles under its MYFi brand, catering to both consumer and industrial applications. Franklin Wireless focuses on high-speed data communications, remote monitoring and mobile broadband, making its devices suitable for IoT deployments, enterprise networking and M2M connectivity.

Since its founding in 2005, Franklin Wireless has combined in-house research and development with strategic manufacturing partnerships across Asia and North America.