Mobilicom Limited Sponsored ADR (NASDAQ:MOB) Short Interest Update

Mobilicom Limited Sponsored ADR (NASDAQ:MOB) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 712,913 shares, an increase of 25.7% from the March 15th total of 567,164 shares. Based on an average trading volume of 335,536 shares, the short-interest ratio is currently 2.1 days. Approximately 6.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. bought a new position in shares of Mobilicom during the fourth quarter valued at $331,000. Virtu Financial LLC bought a new position in shares of Mobilicom during the third quarter valued at $233,000. Jane Street Group LLC bought a new position in shares of Mobilicom during the second quarter valued at $184,000. BNP Paribas Financial Markets lifted its holdings 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 purchasing an additional 17,951 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Mobilicom during the fourth quarter valued at $152,000. 13.56% of the stock is owned by institutional investors.

Mobilicom Trading Down 0.2%

Shares of NASDAQ MOB traded down $0.01 during trading on Friday, reaching $4.92. The company had a trading volume of 329,453 shares, compared to its average volume of 250,204. Mobilicom has a 12-month low of $1.45 and a 12-month high of $11.02. The business’s 50-day moving average is $5.50 and its 200 day moving average is $146.94. The company has a current ratio of 8.52, a quick ratio of 8.20 and a debt-to-equity ratio of 0.03.

About Mobilicom

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.