Mobilicom Limited (NASDAQ:MOBBW – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 8,678 shares, an increase of 437.0% from the September 15th total of 1,616 shares. Based on an average daily trading volume, of 8,237 shares, the short-interest ratio is presently 1.1 days.
Mobilicom Trading Down 16.2%
NASDAQ:MOBBW traded down $0.17 during trading hours on Friday, reaching $0.88. 13,347 shares of the company were exchanged, compared to its average volume of 6,177. Mobilicom has a 1-year low of $0.82 and a 1-year high of $5.73. The business has a 50 day moving average of $1.65 and a 200 day moving average of $2.02.
Mobilicom Company Profile
Mobilicom Ltd. is an Israeli technology company that develops communication, cybersecurity and remote-control solutions for unmanned aerial systems and other autonomous platforms. Its products are designed to support reliable, secure and resilient operations in environments where connectivity, data protection and continuous control are important.
The company’s portfolio includes airborne and ground-based communication systems, command-and-control solutions, and cybersecurity technologies for drones and robotics.
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