Sono Group N.V. (NASDAQ:SSM) Shares Shorted: Short Interest Up 66.3% in September

Posted by Brenda Bartman on Oct 1st, 2026

Sono Group N.V. (NASDAQ:SSM – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 46,127 shares, an increase of 66.3% from the August 31st total of 27,729 shares. Based on an average daily trading volume, of 3,692,180 shares, the short-interest ratio is currently 0.0 days. Approximately 4.0% of the company’s shares are sold short.

Insider Activity at Sono Group

In related news, major shareholder 255 V. V Ug Haftungsbes Bambino sold 11,410 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $3.71, for a total transaction of $42,331.10. Following the sale, the insider owned 141,916 shares of the company’s stock, valued at approximately $526,508.36. This trade represents a 7.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders have sold 35,501 shares of company stock valued at $118,426. 19.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Sono Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Sono Group

Sono Group Stock Performance

Shares of SSM stock opened at $1.12 on Thursday. Sono Group has a 52 week low of $1.05 and a 52 week high of $10.54. The company has a market cap of $1.60 million, a price-to-earnings ratio of -0.21 and a beta of 9.46.

Sono Group (NASDAQ:SSM – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported ($1.59) earnings per share for the quarter. Sono Group had a net margin of 2,204.17% and a negative return on equity of 50.42%.

About Sono Group

(Get Free Report)

Sono Group N.V. was a German mobility technology company focused on developing solar-powered transportation solutions. Through its subsidiary Sono Motors GmbH, the company developed the Sion, a battery-electric passenger vehicle designed to integrate solar cells into its body to supplement power from conventional charging.

In addition to pursuing its own vehicle program, Sono Group developed solar integration technology intended for use in buses, trucks, vans and other commercial vehicles.