Mobilicom Target of Unusually High Options Trading (NASDAQ:MOB)

Mobilicom Limited Sponsored ADR (NASDAQ:MOBGet Free Report) saw unusually large options trading on Thursday. Traders bought 7,395 call options on the company. This is an increase of 11,105% compared to the average volume of 66 call options.

Mobilicom Stock Down 7.7%

Mobilicom stock opened at $7.19 on Friday. The stock’s 50 day moving average is $5.73 and its 200 day moving average is $6.29. The company has a quick ratio of 8.20, a current ratio of 8.52 and a debt-to-equity ratio of 0.03. Mobilicom has a one year low of $1.66 and a one year high of $11.02.

Hedge Funds Weigh In On Mobilicom

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. FourWorld Capital Management LLC acquired a new position in shares of Mobilicom in the first quarter worth approximately $103,000. Quadrature Capital Ltd acquired a new position in shares of Mobilicom in the fourth quarter worth approximately $152,000. Balyasny Asset Management L.P. acquired a new position in shares of Mobilicom in the fourth quarter worth approximately $1,587,000. Apis Capital Advisors LLC lifted its stake in shares of Mobilicom by 83.5% in the fourth quarter. Apis Capital Advisors LLC now owns 110,080 shares of the company’s stock worth $671,000 after acquiring an additional 50,080 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Mobilicom by 20.0% in the fourth quarter. Jane Street Group LLC now owns 62,001 shares of the company’s stock worth $378,000 after acquiring an additional 10,344 shares during the period. 13.56% of the stock is owned by institutional investors and hedge funds.

Mobilicom Company Profile

(Get Free Report)

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.

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