Short Interest in Minim, Inc. (NASDAQ:FIEE) Increases By 1,711.0%

Minim, Inc. (NASDAQ:FIEE) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 186,718 shares, a growth of 1,711.0% from the July 15th total of 10,310 shares. Based on an average trading volume of 1,270,076 shares, the days-to-cover ratio is currently 0.1 days. Approximately 13.8% of the shares of the company are short sold.

Analysts Set New Price Targets

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

Minim Stock Performance

Shares of NASDAQ:FIEE traded up $0.16 during trading on Tuesday, reaching $3.80. The company had a trading volume of 52,377 shares, compared to its average volume of 165,967. The firm’s fifty day moving average is $3.81 and its 200 day moving average is $5.54. The firm has a market capitalization of $304,000.00, a PE ratio of -0.72 and a beta of 1.81. Minim has a twelve month low of $1.50 and a twelve month high of $10.59.

About Minim

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.