Minim, Inc. (NASDAQ:FIEE) Short Interest Up 81.6% in August

Minim, Inc. (NASDAQ:FIEE – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 76,160 shares, a growth of 81.6% from the August 15th total of 41,947 shares. Currently, 5.6% of the shares of the company are sold short. Based on an average daily volume of 401,450 shares, the days-to-cover ratio is currently 0.2 days.

Minim Price Performance

Shares of FIEE traded down $0.09 during mid-day trading on Thursday, hitting $3.78. The stock had a trading volume of 7,897 shares, compared to its average volume of 198,830. Minim has a 52 week low of $1.50 and a 52 week high of $10.59. The business has a fifty day moving average price of $3.84 and a 200-day moving average price of $5.25. The firm has a market cap of $302,240.00, a P/E ratio of -0.71 and a beta of 1.81.

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Minim (NASDAQ:FIEE – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $4.83 million during the quarter. Minim had a negative return on equity of 1,144.78% and a negative net margin of 105.18%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Minim from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Minim presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on FIEE

Minim Company Profile

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Minim, Inc (NASDAQ:FIEE) is a technology company specializing in network intelligence and security solutions for service providers, managed service providers (MSPs) and enterprise customers. The company’s core offering is a cloud-based platform that centralizes network management, device monitoring and automated troubleshooting across wired and wireless infrastructure. By leveraging machine learning and analytics, Minim aims to simplify onboarding, optimize performance and reduce operational costs for broadband providers and IT teams.

Minim’s software suite provides real-time visibility into network health, topology mapping and usage metrics, along with integrated security features designed to detect and block threats at the network edge.

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